12, GREENWOOD CLOSE, WORKSOP, S81 7RB - £272,000

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.

12 GREENWOOD CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £285,215. It was last sold for £272,000 in October 2022, which was around 9% below the average October 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12 GREENWOOD CLOSE Sold Prices

Land registry data shows four sales for 12 GREENWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the four 12 GREENWOOD 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
2022 21 OCT	£272,000	£298,228	9% below HPI
2012 9 AUG	£135,000	£179,135	25% below HPI
2002 7 JUN	£89,000	£96,352	8% below HPI
2000 12 MAY	£71,999	£73,594	2% below HPI

12 GREENWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four 12 GREENWOOD CLOSE sales between May 2000 and October 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 August 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 12 GREENWOOD CLOSE be worth now?

12 GREENWOOD CLOSE might now be worth an estimated £285,215.

This is based on house price inflation of 4.9%, between October 2022 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% inflationary increase is applied to the most recent sale price for 12 GREENWOOD CLOSE of £272,000 on 21st October 2022. For the value to have increased from £272,000 to £285,215 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 GREENWOOD CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The October 2022 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREENWOOD CLOSE has not materially changed since October 2022.

How Large is 12 GREENWOOD CLOSE?

12 GREENWOOD CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worksop, and where 12 GREENWOOD CLOSE lies on this distribution: 35% of detached houses houses are smaller than 12 GREENWOOD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Worksop.

12 GREENWOOD CLOSE: Plot and Title Map

12 GREENWOOD CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 12 GREENWOOD 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 12 GREENWOOD 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 12 GREENWOOD CLOSE?

12 GREENWOOD CLOSE is located in WORKSOP, in the S81 postcode district. The below map shows the position of No. 12 on GREENWOOD CLOSE.