7, BRIDGE FIELDS, KEGWORTH, DERBY, DE74 2FW - £350,000

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.

7 BRIDGE FIELDS is a very large extended semi-detached house of 146m², built sometime between 1930 and 1949, which could now be worth an estimated £415,323. It was last sold for £350,000 in June 2021, which was around 67% above the average June 2021 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

7 BRIDGE FIELDS Sold Prices

Land registry data shows three sales for 7 BRIDGE FIELDS 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 North West Leicestershire local authority area for the corresponding sale date. All of the three 7 BRIDGE FIELDS sales were 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
2021 17 JUN	£350,000	£209,555	67% above HPI
2005 12 JUL	£148,000	£142,659	4% above HPI
2003 8 AUG	£120,500	£113,176	6% above HPI

7 BRIDGE FIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 7 BRIDGE FIELDS sales between August 2003 and June 2021 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 July 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2021 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 7 BRIDGE FIELDS be worth now?

7 BRIDGE FIELDS might now be worth an estimated £415,323.

This is based on house price inflation of 18.7%, between June 2021 and May 2026, for semi-detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for 7 BRIDGE FIELDS of £350,000 on 17th June 2021. For the value to have increased from £350,000 to £415,323 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 7 BRIDGE FIELDS has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The June 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BRIDGE FIELDS has not materially changed since June 2021.

How Large is 7 BRIDGE FIELDS?

7 BRIDGE FIELDS is 146m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of semi-detached houses in Kegworth, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Kegworth, and where 7 BRIDGE FIELDS lies on this distribution: 94% of semi-detached houses are smaller than 7 BRIDGE FIELDS, and 6% of semi-detached houses are larger. Note that EPC data is not available for all properties in Kegworth.

7 BRIDGE FIELDS: Plot

7 BRIDGE FIELDS sits on a plot of roughly 4,138.1 acres, or 16,746,429m².

Where is 7 BRIDGE FIELDS?

7 BRIDGE FIELDS is located in KEGWORTH, in the DE74 postcode district. The below map shows the position of No. 7 on BRIDGE FIELDS.