54, SPRING STREET, CASTLE GRESLEY, SWADLINCOTE, DE11 9LF - £275,001

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.

54 SPRING STREET is a large extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £288,636. It was last sold for £275,001 in August 2022, which was around 18% below the average August 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

54 SPRING STREET Sold Prices

Land registry data shows four sales for 54 SPRING STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 54 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
2022 24 AUG	£275,001	£336,225	18% below HPI
2011 19 APR	£185,000	£207,002	11% below HPI
1999 1 SEP	£60,000	£89,677	33% below HPI
1997 28 JUL	£48,000	£79,461	40% below HPI

54 SPRING STREET 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 four 54 SPRING STREET sales between July 1997 and August 2022 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 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 54 SPRING STREET be worth now?

54 SPRING STREET might now be worth an estimated £288,636.

This is based on house price inflation of 5%, between August 2022 and June 2025, 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 5% inflationary increase is applied to the most recent sale price for 54 SPRING STREET of £275,001 on 24th August 2022. For the value to have increased from £275,001 to £288,636 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 54 SPRING STREET has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The August 2022 sale price of £275,001 represented a fair market value for the property.
• The size, condition, and specification of 54 SPRING STREET has not materially changed since August 2022.

How Large is 54 SPRING STREET?

54 SPRING STREET is 117m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 54 SPRING STREET lies on this distribution: 67% of detached houses houses are smaller than 54 SPRING STREET, and 32% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

54 SPRING STREET: Plot and Title Map

54 SPRING STREET sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 54 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 54 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 54 SPRING STREET?

54 SPRING STREET is located in CASTLE GRESLEY, in the DE11 postcode district. The below map shows the position of No. 54 on SPRING STREET.