5, SPRINGFIELD ROAD, MIDWAY, SWADLINCOTE, DE11 0DA - £115,000

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.

5 SPRINGFIELD ROAD is a small extended semi-detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £166,114. It was last sold for £115,000 in April 2016, which was around 28% below the average April 2016 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

5 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 5 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 5 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
2016 19 APR	£115,000	£158,950	28% below HPI
2007 5 JAN	£117,600	£148,394	21% below HPI
2002 1 MAR	£57,950	£72,671	20% below HPI

5 SPRINGFIELD ROAD 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 three 5 SPRINGFIELD ROAD sales between March 2002 and April 2016 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 January 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 SPRINGFIELD ROAD be worth now?

5 SPRINGFIELD ROAD might now be worth an estimated £166,114.

This is based on house price inflation of 44.4%, between April 2016 and February 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 44.4% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD ROAD of £115,000 on 19th April 2016. For the value to have increased from £115,000 to £166,114 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 5 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The April 2016 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD ROAD has not materially changed since April 2016.

How Large is 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is 91m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 5 SPRINGFIELD ROAD lies on this distribution: 34% of semi-detached houses houses are smaller than 5 SPRINGFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

5 SPRINGFIELD ROAD: Plot and Title Map

5 SPRINGFIELD ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 5 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 5 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 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 5 on SPRINGFIELD ROAD.