2, HEDGE GROVE, MIDWAY, SWADLINCOTE, DE11 0XW - £175,000

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.

2 HEDGE GROVE is a very small terraced house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £223,747. It was last sold for £175,000 in July 2020, which was around 23% above the average July 2020 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 HEDGE GROVE Sold Prices

Land registry data shows six sales for 2 HEDGE GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. All of the six 2 HEDGE GROVE 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
2020 10 JUL	£175,000	£142,348	23% above HPI
2018 2 FEB	£158,000	£138,345	14% above HPI
2015 2 MAR	£127,500	£122,579	4% above HPI
2007 2 FEB	£127,500	£120,853	6% above HPI
2005 2 SEP	£120,000	£114,206	5% above HPI
1996 6 JUN	£42,500	£36,086	18% above HPI

2 HEDGE GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The six 2 HEDGE GROVE sales between June 1996 and July 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 February 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 HEDGE GROVE be worth now?

2 HEDGE GROVE might now be worth an estimated £223,747.

This is based on house price inflation of 27.9%, between July 2020 and June 2025, for terraced 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 27.9% inflationary increase is applied to the most recent sale price for 2 HEDGE GROVE of £175,000 on 10th July 2020. For the value to have increased from £175,000 to £223,747 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 2 HEDGE GROVE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The July 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEDGE GROVE has not materially changed since July 2020.

How Large is 2 HEDGE GROVE?

2 HEDGE GROVE is 79m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of terraced houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Swadlincote, and where 2 HEDGE GROVE lies on this distribution: 18% of terraced houses houses are smaller than 2 HEDGE GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 HEDGE GROVE: Plot and Title Map

2 HEDGE GROVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 HEDGE GROVE, 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 2 HEDGE GROVE). 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 2 HEDGE GROVE?

2 HEDGE GROVE is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 2 on HEDGE GROVE.