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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

16 WELFORD CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £147,500 in January 2017, which was around 20% 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	£183,360	20% below HPI
2004 3 DEC	£130,000	£146,200	11% below HPI
2000 4 FEB	£64,950	£63,865	2% above HPI
1996 19 DEC	£65,250	£55,618	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 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton in Ashfield, and where 16 WELFORD CLOSE lies on this distribution: 15% of detached 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.