18, NORWOOD CLOSE, SUTTON-IN-ASHFIELD, NG17 2EZ - £124,950

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.

18 NORWOOD CLOSE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £231,777. It was last sold for £124,950 in October 2011, which was around 13% below the average October 2011 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

18 NORWOOD CLOSE Sold Prices

Land registry data shows two sales for 18 NORWOOD 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. Both of the two 18 NORWOOD 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
2011 14 OCT	£124,950	£144,067	13% below HPI
2007 9 NOV	£124,000	£167,031	26% below HPI

18 NORWOOD 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 18 NORWOOD CLOSE sales from November 2007 and October 2011 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 November 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 NORWOOD CLOSE be worth now?

18 NORWOOD CLOSE might now be worth an estimated £231,777.

This is based on house price inflation of 85.5%, between October 2011 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 85.5% inflationary increase is applied to the most recent sale price for 18 NORWOOD CLOSE of £124,950 on 14th October 2011. For the value to have increased from £124,950 to £231,777 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 NORWOOD CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The October 2011 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 18 NORWOOD CLOSE has not materially changed since October 2011.

How Large is 18 NORWOOD CLOSE?

18 NORWOOD CLOSE is 90m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% 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 18 NORWOOD CLOSE lies on this distribution: 39% of detached houses houses are smaller than 18 NORWOOD CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

18 NORWOOD CLOSE: Plot and Title Map

18 NORWOOD CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 18 NORWOOD 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 18 NORWOOD 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 18 NORWOOD CLOSE?

18 NORWOOD CLOSE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 18 on NORWOOD CLOSE.