12, WELFORD CLOSE, SKEGBY, SUTTON-IN-ASHFIELD, NG17 3LD - £142,000

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 WELFORD CLOSE is a small extended detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £239,541. It was last sold for £142,000 in June 2007, which was around 9% below the average June 2007 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

12 WELFORD CLOSE Sold Prices

Land registry data shows two sales for 12 WELFORD 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. One of the two 12 WELFORD CLOSE sales was for below the average price, whilst the other was 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
2007 1 JUN	£142,000	£156,206	9% below HPI
1996 18 DEC	£64,250	£55,539	16% above HPI

12 WELFORD 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 12 WELFORD CLOSE sales from December 1996 and June 2007 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 December 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 12 WELFORD CLOSE be worth now?

12 WELFORD CLOSE might now be worth an estimated £239,541.

This is based on house price inflation of 68.7%, between June 2007 and June 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 68.7% inflationary increase is applied to the most recent sale price for 12 WELFORD CLOSE of £142,000 on 1st June 2007. For the value to have increased from £142,000 to £239,541 over the eighteen years to June 2025, the following assumptions must hold true:

• The value of 12 WELFORD CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The June 2007 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WELFORD CLOSE has not materially changed since June 2007.

How Large is 12 WELFORD CLOSE?

12 WELFORD CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 12 WELFORD CLOSE lies on this distribution: 23% of detached houses houses are smaller than 12 WELFORD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

12 WELFORD CLOSE: Plot and Title Map

12 WELFORD CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 12 WELFORD 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 WELFORD 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 WELFORD CLOSE?

12 WELFORD CLOSE is located in SKEGBY, in the NG17 postcode district. The below map shows the position of No. 12 on WELFORD CLOSE.