7, WESTMINSTER DRIVE, CHURCH GRESLEY, SWADLINCOTE, DE11 9RX - £180,000

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 WESTMINSTER DRIVE is a large extended detached house of 119m², built sometime from 2007 onwards, which could now be worth an estimated £226,491. It was last sold for £180,000 in September 2019, which was around 37% below the average September 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

7 WESTMINSTER DRIVE Sold Prices

Land registry data shows three sales for 7 WESTMINSTER DRIVE 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 7 WESTMINSTER DRIVE 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
2019 20 SEP	£180,000	£284,662	37% below HPI
2019 28 JUN	£175,000	£272,398	36% below HPI
2008 19 DEC	£157,895	£201,619	22% below HPI

7 WESTMINSTER DRIVE 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 7 WESTMINSTER DRIVE sales between December 2008 and September 2019 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 June 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 7 WESTMINSTER DRIVE be worth now?

7 WESTMINSTER DRIVE might now be worth an estimated £226,491.

This is based on house price inflation of 25.8%, between September 2019 and March 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 25.8% inflationary increase is applied to the most recent sale price for 7 WESTMINSTER DRIVE of £180,000 on 20th September 2019. For the value to have increased from £180,000 to £226,491 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 7 WESTMINSTER DRIVE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The September 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WESTMINSTER DRIVE has not materially changed since September 2019.

How Large is 7 WESTMINSTER DRIVE?

7 WESTMINSTER DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% 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 WESTMINSTER DRIVE lies on this distribution: 68% of detached houses houses are smaller than 7 WESTMINSTER DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

7 WESTMINSTER DRIVE: Plot and Title Map

7 WESTMINSTER DRIVE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 7 WESTMINSTER 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 7 WESTMINSTER 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 7 WESTMINSTER DRIVE?

7 WESTMINSTER DRIVE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 7 on WESTMINSTER DRIVE.