5, PARK DRIVE, SWANWICK, ALFRETON, DE55 1AH - £232,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PARK DRIVE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £279,079. It was last sold for £232,000 in August 2021, which was around 28% above the average August 2021 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

5 PARK DRIVE Sold Prices

Land registry data shows three sales for 5 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 5 PARK DRIVE 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
2021 20 AUG	£232,000	£181,224	28% above HPI
2016 21 OCT	£150,000	£143,870	4% above HPI
2012 30 JUL	£133,000	£116,727	14% above HPI

5 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 5 PARK DRIVE sales between July 2012 and August 2021 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 October 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 5 PARK DRIVE be worth now?

5 PARK DRIVE might now be worth an estimated £279,079.

This is based on house price inflation of 20.3%, between August 2021 and February 2025, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 5 PARK DRIVE of £232,000 on 20th August 2021. For the value to have increased from £232,000 to £279,079 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 5 PARK DRIVE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The August 2021 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK DRIVE has not materially changed since August 2021.

How Large is 5 PARK DRIVE?

5 PARK DRIVE is 72m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of semi-detached houses houses in Swanwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swanwick, and where 5 PARK DRIVE lies on this distribution: 16% of semi-detached houses houses are smaller than 5 PARK DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Swanwick.

5 PARK DRIVE: Plot and Title Map

5 PARK DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 5 PARK DRIVE, 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 5 PARK DRIVE). 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 5 PARK DRIVE?

5 PARK DRIVE is located in SWANWICK, in the DE55 postcode district. The below map shows the position of No. 5 on PARK DRIVE.