2, IONA CLOSE, TIBSHELF, ALFRETON, DE55 5PN - £107,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 IONA CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £178,528. It was last sold for £107,000 in November 2015, which was around 32% below the average November 2015 detached price in the Bolsover local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

2 IONA CLOSE Sold Prices

Land registry data shows two sales for 2 IONA 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 Bolsover local authority area for the corresponding sale date. Both of the two 2 IONA 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
2015 11 NOV	£107,000	£157,659	32% below HPI
2010 18 OCT	£89,000	£140,135	36% below HPI

2 IONA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The two 2 IONA CLOSE sales from October 2010 and November 2015 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 October 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 IONA CLOSE be worth now?

2 IONA CLOSE might now be worth an estimated £178,528.

This is based on house price inflation of 66.8%, between November 2015 and December 2024, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.8% inflationary increase is applied to the most recent sale price for 2 IONA CLOSE of £107,000 on 11th November 2015. For the value to have increased from £107,000 to £178,528 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 IONA CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The November 2015 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 2 IONA CLOSE has not materially changed since November 2015.

How Large is 2 IONA CLOSE?

2 IONA CLOSE is 61m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses houses in Tibshelf, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tibshelf, and where 2 IONA CLOSE lies on this distribution: 5% of detached houses houses are smaller than 2 IONA CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Tibshelf.

2 IONA CLOSE: Plot and Title Map

2 IONA CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 IONA 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 2 IONA 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 2 IONA CLOSE?

2 IONA CLOSE is located in TIBSHELF, in the DE55 postcode district. The below map shows the position of No. 2 on IONA CLOSE.