47, SPRING STREET, CASTLE GRESLEY, SWADLINCOTE, DE11 9LF - £142,500

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.

47 SPRING STREET is a very small semi-detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £180,765. It was last sold for £142,500 in November 2019, which was around 21% below the average November 2019 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

47 SPRING STREET Sold Prices

Land registry data shows two sales for 47 SPRING STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 47 SPRING STREET 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
2019 14 NOV	£142,500	£180,263	21% below HPI
2006 13 APR	£129,000	£141,499	9% below HPI

47 SPRING STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 47 SPRING STREET sales from April 2006 and November 2019 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 47 SPRING STREET be worth now?

47 SPRING STREET might now be worth an estimated £180,765.

This is based on house price inflation of 26.9%, between November 2019 and June 2025, for semi-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 26.9% inflationary increase is applied to the most recent sale price for 47 SPRING STREET of £142,500 on 14th November 2019. For the value to have increased from £142,500 to £180,765 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 47 SPRING STREET has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The November 2019 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 47 SPRING STREET has not materially changed since November 2019.

How Large is 47 SPRING STREET?

47 SPRING STREET is 56m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swadlincote, and where 47 SPRING STREET lies on this distribution: 3% of semi-detached houses houses are smaller than 47 SPRING STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

47 SPRING STREET: Plot and Title Map

47 SPRING STREET sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 47 SPRING STREET, 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 47 SPRING STREET). 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 47 SPRING STREET?

47 SPRING STREET is located in CASTLE GRESLEY, in the DE11 postcode district. The below map shows the position of No. 47 on SPRING STREET.