1, NORWOOD CLOSE, SUTTON-IN-ASHFIELD, NG17 2EZ - £149,000

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.

1 NORWOOD CLOSE is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £245,999. It was last sold for £149,000 in August 2014, which was around 8% below the average August 2014 detached price in the Ashfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

1 NORWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 NORWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 1 NORWOOD CLOSE 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
2014 28 AUG	£149,000	£161,864	8% below HPI
1996 30 AUG	£55,000	£57,719	5% below HPI

1 NORWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 1 NORWOOD CLOSE sales from August 1996 and August 2014 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 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 NORWOOD CLOSE be worth now?

1 NORWOOD CLOSE might now be worth an estimated £245,999.

This is based on house price inflation of 65.1%, between August 2014 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.1% inflationary increase is applied to the most recent sale price for 1 NORWOOD CLOSE of £149,000 on 28th August 2014. For the value to have increased from £149,000 to £245,999 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 NORWOOD CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The August 2014 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORWOOD CLOSE has not materially changed since August 2014.

How Large is 1 NORWOOD CLOSE?

1 NORWOOD CLOSE is 67m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton in Ashfield, and where 1 NORWOOD CLOSE lies on this distribution: 10% of detached houses houses are smaller than 1 NORWOOD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

1 NORWOOD CLOSE: Plot and Title Map

1 NORWOOD CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 1 NORWOOD CLOSE, 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 1 NORWOOD CLOSE). 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 1 NORWOOD CLOSE?

1 NORWOOD CLOSE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 1 on NORWOOD CLOSE.