48, SUFFOLK WAY, CHURCH GRESLEY, SWADLINCOTE, DE11 9GL - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 SUFFOLK WAY is a very large detached house of 221m². It was last sold for £420,000 in May 2023, which was around 28% above the average May 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

48 SUFFOLK WAY Sold Prices

Land registry data shows three sales for 48 SUFFOLK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 48 SUFFOLK WAY sales were for above 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
2023 26 MAY	£420,000	£329,012	28% above HPI
2022 9 DEC	£450,000	£338,975	33% above HPI
2015 27 MAR	£349,995	£228,014	53% above HPI

48 SUFFOLK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 48 SUFFOLK WAY sales between March 2015 and May 2023 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 December 2022 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 48 SUFFOLK WAY?

48 SUFFOLK WAY is 221m² according to the EPC inspection conducted in December 2013. This puts it in the largest 10% of detached houses in Castle Gresley, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Gresley, and where 48 SUFFOLK WAY lies on this distribution: 98% of detached houses are smaller than 48 SUFFOLK WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Castle Gresley.

48 SUFFOLK WAY: Plot and Title Map

48 SUFFOLK WAY sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 48 SUFFOLK WAY, 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 48 SUFFOLK WAY). 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.

Where is 48 SUFFOLK WAY?

48 SUFFOLK WAY is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 48 on SUFFOLK WAY.