9, ESSEX DRIVE, CHURCH GRESLEY, SWADLINCOTE, DE11 9LR - £155,000

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.

9 ESSEX DRIVE is a very small detached house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £195,833. It was last sold for £155,000 in June 2020, which was around 44% below the average June 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

9 ESSEX DRIVE Sold Prices

Land registry data shows three sales for 9 ESSEX 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 9 ESSEX 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
2020 5 JUN	£155,000	£279,250	44% below HPI
2006 30 JUN	£130,000	£218,893	41% below HPI
2003 28 NOV	£98,950	£175,613	44% below HPI

9 ESSEX 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 9 ESSEX DRIVE sales between November 2003 and June 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 June 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 9 ESSEX DRIVE be worth now?

9 ESSEX DRIVE might now be worth an estimated £195,833.

This is based on house price inflation of 26.3%, between June 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 26.3% inflationary increase is applied to the most recent sale price for 9 ESSEX DRIVE of £155,000 on 5th June 2020. For the value to have increased from £155,000 to £195,833 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 9 ESSEX DRIVE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The June 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ESSEX DRIVE has not materially changed since June 2020.

How Large is 9 ESSEX DRIVE?

9 ESSEX DRIVE is 71m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 9 ESSEX DRIVE lies on this distribution: 11% of detached houses houses are smaller than 9 ESSEX DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

9 ESSEX DRIVE: Plot and Title Map

9 ESSEX DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 9 ESSEX 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 9 ESSEX 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 9 ESSEX DRIVE?

9 ESSEX DRIVE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 9 on ESSEX DRIVE.