56, SUFFOLK WAY, CHURCH GRESLEY, SWADLINCOTE, DE11 9GL - £242,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

56 SUFFOLK WAY is a very small detached house of 93m², which could now be worth an estimated £294,765. It was last sold for £242,000 in November 2020, which was around 16% below the average November 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

56 SUFFOLK WAY Sold Prices

Land registry data shows two sales for 56 SUFFOLK WAY since 1^st 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 56 SUFFOLK WAY 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
2020 6 NOV	£242,000	£289,659	16% below HPI
2014 30 MAY	£184,995	£221,802	17% below HPI

56 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 two 56 SUFFOLK WAY sales from May 2014 and November 2020 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 May 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 56 SUFFOLK WAY be worth now?

56 SUFFOLK WAY might now be worth an estimated £294,765.

This is based on house price inflation of 21.8%, between November 2020 and February 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.8% inflationary increase is applied to the most recent sale price for 56 SUFFOLK WAY of £242,000 on 6th November 2020. For the value to have increased from £242,000 to £294,765 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 56 SUFFOLK WAY has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The November 2020 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 56 SUFFOLK WAY has not materially changed since November 2020.

How Large is 56 SUFFOLK WAY?

56 SUFFOLK WAY is 93m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Castle Gresley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castle Gresley, and where 56 SUFFOLK WAY lies on this distribution: 19% of detached houses houses are smaller than 56 SUFFOLK WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Castle Gresley.

56 SUFFOLK WAY: Plot and Title Map

56 SUFFOLK WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 56 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 56 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 56 SUFFOLK WAY?

56 SUFFOLK WAY is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 56 on SUFFOLK WAY.