1, WOODHEAD CLOSE, EDWINSTOWE, MANSFIELD, NG21 9RE - £170,000

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 WOODHEAD CLOSE is a very small extended detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £213,983. It was last sold for £170,000 in May 2020, which was around 39% below the average May 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

1 WOODHEAD CLOSE Sold Prices

Land registry data shows three sales for 1 WOODHEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 1 WOODHEAD 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
2020 7 MAY	£170,000	£279,643	39% below HPI
2007 26 OCT	£157,500	£236,025	33% below HPI
1999 19 FEB	£51,950	£83,721	38% below HPI

1 WOODHEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 1 WOODHEAD CLOSE sales between February 1999 and May 2020 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 October 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 WOODHEAD CLOSE be worth now?

1 WOODHEAD CLOSE might now be worth an estimated £213,983.

This is based on house price inflation of 25.9%, between May 2020 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 1 WOODHEAD CLOSE of £170,000 on 7th May 2020. For the value to have increased from £170,000 to £213,983 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 1 WOODHEAD CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODHEAD CLOSE has not materially changed since May 2020.

How Large is 1 WOODHEAD CLOSE?

1 WOODHEAD CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwinstowe, and where 1 WOODHEAD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 WOODHEAD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

1 WOODHEAD CLOSE: Plot and Title Map

1 WOODHEAD CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 1 WOODHEAD 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 WOODHEAD 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 WOODHEAD CLOSE?

1 WOODHEAD CLOSE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 1 on WOODHEAD CLOSE.