37, EDGECOTE DRIVE, NEWHALL, SWADLINCOTE, DE11 0LD - £197,000

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.

37 EDGECOTE DRIVE is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £346,509. It was last sold for £197,000 in June 2011, which was around 6% below the average June 2011 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

37 EDGECOTE DRIVE Sold Prices

Land registry data shows three sales for 37 EDGECOTE 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. Two of the three 37 EDGECOTE DRIVE sales were for below the average price, whilst one was 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
2011 3 JUN	£197,000	£208,524	6% below HPI
1998 20 FEB	£73,500	£74,123	1% below HPI
1996 23 AUG	£73,500	£73,035	1% above HPI

37 EDGECOTE 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 37 EDGECOTE DRIVE sales between August 1996 and June 2011 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 37 EDGECOTE DRIVE be worth now?

37 EDGECOTE DRIVE might now be worth an estimated £346,509.

This is based on house price inflation of 75.9%, between June 2011 and May 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 75.9% inflationary increase is applied to the most recent sale price for 37 EDGECOTE DRIVE of £197,000 on 3rd June 2011. For the value to have increased from £197,000 to £346,509 over the fifteen years and one month to May 2026, the following assumptions must hold true:

• The value of 37 EDGECOTE DRIVE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The June 2011 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 37 EDGECOTE DRIVE has not materially changed since June 2011.

How Large is 37 EDGECOTE DRIVE?

37 EDGECOTE DRIVE is 104m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% 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 37 EDGECOTE DRIVE lies on this distribution: 48% of detached houses houses are smaller than 37 EDGECOTE DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

Where is 37 EDGECOTE DRIVE?

37 EDGECOTE DRIVE is located in NEWHALL, in the DE11 postcode district. The below map shows the position of No. 37 on EDGECOTE DRIVE.