50, SPRING STREET, CASTLE GRESLEY, SWADLINCOTE, DE11 9LF - £100,000

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.

50 SPRING STREET is a very small extended semi-detached house of 58m², built sometime before 1900, which could now be worth an estimated £125,622. It was last sold for £100,000 in October 2019, which was around 45% below the average October 2019 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

50 SPRING STREET Sold Prices

Land registry data shows three sales for 50 SPRING STREET 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 50 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 9 OCT	£100,000	£182,029	45% below HPI
2015 11 AUG	£100,000	£155,820	36% below HPI
2013 4 JAN	£96,500	£131,847	27% below HPI

50 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 three 50 SPRING STREET sales between January 2013 and October 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 August 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 50 SPRING STREET be worth now?

50 SPRING STREET might now be worth an estimated £125,622.

This is based on house price inflation of 25.6%, between October 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 25.6% inflationary increase is applied to the most recent sale price for 50 SPRING STREET of £100,000 on 9th October 2019. For the value to have increased from £100,000 to £125,622 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of 50 SPRING STREET has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The October 2019 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 50 SPRING STREET has not materially changed since October 2019.

How Large is 50 SPRING STREET?

50 SPRING STREET is 58m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 50 SPRING STREET lies on this distribution: 4% of semi-detached houses houses are smaller than 50 SPRING STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

50 SPRING STREET: Plot and Title Map

50 SPRING STREET sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 50 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 50 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 50 SPRING STREET?

50 SPRING STREET is located in CASTLE GRESLEY, in the DE11 postcode district. The below map shows the position of No. 50 on SPRING STREET.