Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
41 SPRINGWOOD FARM ROAD is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £237,500 in August 2022, which was around 27% below the average August 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 41 SPRINGWOOD FARM ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 41 SPRINGWOOD FARM ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2022 5 AUG | £237,500 | £325,439 | 27% below HPI |
2021 20 AUG | £130,000 | £291,541 | 55% below HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 41 SPRINGWOOD FARM ROAD sales from August 2021 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2021 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
41 SPRINGWOOD FARM ROAD is 94m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses by size in Swadlincote, and where 41 SPRINGWOOD FARM ROAD lies on this distribution: 37% of detached houses are smaller than 41 SPRINGWOOD FARM ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.
41 SPRINGWOOD FARM ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 41 SPRINGWOOD FARM ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 41 SPRINGWOOD FARM ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
41 SPRINGWOOD FARM ROAD is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 41 on SPRINGWOOD FARM ROAD.