16, WELFORD CLOSE, SKEGBY, SUTTON-IN-ASHFIELD, NG17 3LD - £147,500

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.

16 WELFORD CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £215,278. It was last sold for £147,500 in January 2017, which was around 19% below the average January 2017 detached price in the Ashfield local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

16 WELFORD CLOSE Sold Prices

Land registry data shows four sales for 16 WELFORD 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 Ashfield local authority area for the corresponding sale date. two of the four 16 WELFORD CLOSE sales were for below the average price, and four 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
2017 6 JAN	£147,500	£183,101	19% below HPI
2004 3 DEC	£130,000	£145,993	11% below HPI
2000 4 FEB	£64,950	£63,775	2% above HPI
1996 19 DEC	£65,250	£55,539	17% above HPI

16 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 four 16 WELFORD CLOSE sales between December 1996 and January 2017 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 WELFORD CLOSE be worth now?

16 WELFORD CLOSE might now be worth an estimated £215,278.

This is based on house price inflation of 46%, between January 2017 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 46% inflationary increase is applied to the most recent sale price for 16 WELFORD CLOSE of £147,500 on 6th January 2017. For the value to have increased from £147,500 to £215,278 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 WELFORD CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The January 2017 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 16 WELFORD CLOSE has not materially changed since January 2017.

How Large is 16 WELFORD CLOSE?

16 WELFORD CLOSE is 72m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 16 WELFORD CLOSE lies on this distribution: 14% of detached houses houses are smaller than 16 WELFORD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

16 WELFORD CLOSE: Plot and Title Map

16 WELFORD CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 16 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 16 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 16 WELFORD CLOSE?

16 WELFORD CLOSE is located in SKEGBY, in the NG17 postcode district. The below map shows the position of No. 16 on WELFORD CLOSE.