2, HEWER DRIVE, CASTLE GRESLEY, SWADLINCOTE, DE11 9FX - £310,000

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 HEWER DRIVE is a large detached house of 137m², built in 2014, which could now be worth an estimated £397,717. It was last sold for £310,000 in September 2020, which was around 9% above the average September 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

2 HEWER DRIVE Sold Prices

Land registry data shows two sales for 2 HEWER DRIVE 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 2 HEWER DRIVE 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 25 SEP	£310,000	£283,657	9% above HPI
2015 2 APR	£269,995	£233,721	16% above HPI

2 HEWER 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 two 2 HEWER DRIVE sales from April 2015 and September 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 April 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 HEWER DRIVE be worth now?

2 HEWER DRIVE might now be worth an estimated £397,717.

This is based on house price inflation of 28.3%, between September 2020 and April 2026, 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 28.3% inflationary increase is applied to the most recent sale price for 2 HEWER DRIVE of £310,000 on 25th September 2020. For the value to have increased from £310,000 to £397,717 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 2 HEWER DRIVE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The September 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEWER DRIVE has not materially changed since September 2020.

How Large is 2 HEWER DRIVE?

2 HEWER DRIVE is 137m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% 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 2 HEWER DRIVE lies on this distribution: 77% of detached houses houses are smaller than 2 HEWER DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Castle Gresley.

2 HEWER DRIVE: Plot and Title Map

2 HEWER DRIVE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 HEWER 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 2 HEWER 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 2 HEWER DRIVE?

2 HEWER DRIVE is located in CASTLE GRESLEY, in the DE11 postcode district. The below map shows the position of No. 2 on HEWER DRIVE.