33, SILKSTONE CLOSE, CHURCH GRESLEY, SWADLINCOTE, DE11 9PE - £138,500

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.

33 SILKSTONE CLOSE is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £185,174. It was last sold for £138,500 in January 2020, which was around 3% below the average January 2020 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

33 SILKSTONE CLOSE Sold Prices

Land registry data shows five sales for 33 SILKSTONE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. Most of the five 33 SILKSTONE CLOSE 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 31 JAN	£138,500	£143,052	3% below HPI
2012 30 OCT	£101,500	£110,159	8% below HPI
2006 28 JUL	£112,000	£121,008	7% below HPI
2003 3 OCT	£81,000	£84,954	5% below HPI
1997 28 FEB	£43,753	£33,656	30% above HPI

33 SILKSTONE CLOSE 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 five 33 SILKSTONE CLOSE sales between February 1997 and January 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 October 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 33 SILKSTONE CLOSE be worth now?

33 SILKSTONE CLOSE might now be worth an estimated £185,174.

This is based on house price inflation of 33.7%, between January 2020 and May 2026, 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 33.7% inflationary increase is applied to the most recent sale price for 33 SILKSTONE CLOSE of £138,500 on 31st January 2020. For the value to have increased from £138,500 to £185,174 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 33 SILKSTONE CLOSE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The January 2020 sale price of £138,500 represented a fair market value for the property.
• The size, condition, and specification of 33 SILKSTONE CLOSE has not materially changed since January 2020.

How Large is 33 SILKSTONE CLOSE?

33 SILKSTONE CLOSE is 56m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% 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 33 SILKSTONE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 33 SILKSTONE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

33 SILKSTONE CLOSE: Plot and Title Map

33 SILKSTONE CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 33 SILKSTONE CLOSE, 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 33 SILKSTONE CLOSE). 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 33 SILKSTONE CLOSE?

33 SILKSTONE CLOSE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 33 on SILKSTONE CLOSE.