25, SPA CLOSE, SUTTON-IN-ASHFIELD, NG17 5BU - £130,000

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

25 SPA CLOSE is a very small extended detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £170,550. It was last sold for £130,000 in August 2019, which was around 36% below the average August 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

25 SPA CLOSE Sold Prices

Land registry data shows four sales for 25 SPA 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. All of the four 25 SPA 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
2019 2 AUG	£130,000	£203,700	36% below HPI
2017 1 FEB	£115,000	£182,502	37% below HPI
2012 17 FEB	£105,000	£143,754	27% below HPI
2002 16 AUG	£64,000	£88,740	28% below HPI

25 SPA 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 25 SPA CLOSE sales between August 2002 and August 2019 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 February 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 25 SPA CLOSE be worth now?

25 SPA CLOSE might now be worth an estimated £170,550.

This is based on house price inflation of 31.2%, between August 2019 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 31.2% inflationary increase is applied to the most recent sale price for 25 SPA CLOSE of £130,000 on 2nd August 2019. For the value to have increased from £130,000 to £170,550 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 25 SPA CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The August 2019 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SPA CLOSE has not materially changed since August 2019.

How Large is 25 SPA CLOSE?

25 SPA CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in January 2011. 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 25 SPA CLOSE lies on this distribution: 11% of detached houses houses are smaller than 25 SPA CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

25 SPA CLOSE: Plot and Title Map

25 SPA CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 25 SPA 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 25 SPA 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 25 SPA CLOSE?

25 SPA CLOSE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 25 on SPA CLOSE.