7, HEREFORD CRESCENT, MIDWAY, SWADLINCOTE, DE11 7PT - £230,000

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.

7 HEREFORD CRESCENT is a very small extended detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £302,491. It was last sold for £230,000 in May 2017, which was around 14% below the average May 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

7 HEREFORD CRESCENT Sold Prices

Land registry data shows five sales for 7 HEREFORD CRESCENT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 7 HEREFORD CRESCENT 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
2017 26 MAY	£230,000	£268,264	14% below HPI
2008 8 FEB	£187,500	£224,664	17% below HPI
2002 30 APR	£101,000	£123,643	18% below HPI
1999 13 SEP	£70,500	£89,677	21% below HPI
1997 25 APR	£49,000	£72,368	32% below HPI

7 HEREFORD CRESCENT 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 five 7 HEREFORD CRESCENT sales between April 1997 and May 2017 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 February 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 HEREFORD CRESCENT be worth now?

7 HEREFORD CRESCENT might now be worth an estimated £302,491.

This is based on house price inflation of 31.5%, between May 2017 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 31.5% inflationary increase is applied to the most recent sale price for 7 HEREFORD CRESCENT of £230,000 on 26th May 2017. For the value to have increased from £230,000 to £302,491 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 7 HEREFORD CRESCENT has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The May 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HEREFORD CRESCENT has not materially changed since May 2017.

How Large is 7 HEREFORD CRESCENT?

7 HEREFORD CRESCENT is 62m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swadlincote, and where 7 HEREFORD CRESCENT lies on this distribution: 6% of detached houses houses are smaller than 7 HEREFORD CRESCENT, and 94% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

7 HEREFORD CRESCENT: Plot and Title Map

7 HEREFORD CRESCENT sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 7 HEREFORD CRESCENT, 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 7 HEREFORD CRESCENT). 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 7 HEREFORD CRESCENT?

7 HEREFORD CRESCENT is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 7 on HEREFORD CRESCENT.