35, SPRINGFIELD ROAD, MIDWAY, SWADLINCOTE, DE11 0BZ - £195,000

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.

35 SPRINGFIELD ROAD is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £235,349. It was last sold for £195,000 in July 2021, which was around 35% below the average July 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

35 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 35 SPRINGFIELD ROAD 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 35 SPRINGFIELD ROAD 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
2021 30 JUL	£195,000	£301,529	35% below HPI
2019 31 MAY	£160,000	£271,939	41% below HPI
2001 5 OCT	£74,950	£116,405	36% below HPI

35 SPRINGFIELD ROAD 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 35 SPRINGFIELD ROAD sales between October 2001 and July 2021 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 May 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 35 SPRINGFIELD ROAD be worth now?

35 SPRINGFIELD ROAD might now be worth an estimated £235,349.

This is based on house price inflation of 20.7%, between July 2021 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 20.7% inflationary increase is applied to the most recent sale price for 35 SPRINGFIELD ROAD of £195,000 on 30th July 2021. For the value to have increased from £195,000 to £235,349 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 35 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The July 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 35 SPRINGFIELD ROAD has not materially changed since July 2021.

How Large is 35 SPRINGFIELD ROAD?

35 SPRINGFIELD ROAD is 68m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% 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 35 SPRINGFIELD ROAD lies on this distribution: 9% of detached houses houses are smaller than 35 SPRINGFIELD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

35 SPRINGFIELD ROAD: Plot and Title Map

35 SPRINGFIELD ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 35 SPRINGFIELD ROAD, 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 35 SPRINGFIELD ROAD). 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 35 SPRINGFIELD ROAD?

35 SPRINGFIELD ROAD is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 35 on SPRINGFIELD ROAD.