3, LABURNUM CLOSE, SOUTH NORMANTON, ALFRETON, DE55 2EW - £162,500

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.

3 LABURNUM CLOSE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £265,744. It was last sold for £162,500 in November 2015, which was around 3% above the average November 2015 detached price in the Bolsover local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

3 LABURNUM CLOSE Sold Prices

Land registry data shows four sales for 3 LABURNUM 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 Bolsover local authority area for the corresponding sale date. Two of the four 3 LABURNUM CLOSE sales were for above the average price, whilst one was 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 6 NOV	£162,500	£157,659	3% above HPI
2011 27 JUL	£127,450	£132,558	4% below HPI
2006 1 SEP	£152,500	£152,444	Close to HPI
2002 3 MAY	£77,950	£72,365	8% above HPI

3 LABURNUM 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 four 3 LABURNUM CLOSE sales between May 2002 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 July 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 LABURNUM CLOSE be worth now?

3 LABURNUM CLOSE might now be worth an estimated £265,744.

This is based on house price inflation of 63.5%, between November 2015 and February 2025, 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 63.5% inflationary increase is applied to the most recent sale price for 3 LABURNUM CLOSE of £162,500 on 6th November 2015. For the value to have increased from £162,500 to £265,744 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 LABURNUM CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The November 2015 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LABURNUM CLOSE has not materially changed since November 2015.

How Large is 3 LABURNUM CLOSE?

3 LABURNUM CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses houses in South Normanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Normanton, and where 3 LABURNUM CLOSE lies on this distribution: 39% of detached houses houses are smaller than 3 LABURNUM CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

3 LABURNUM CLOSE: Plot and Title Map

3 LABURNUM CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 3 LABURNUM 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 3 LABURNUM 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 3 LABURNUM CLOSE?

3 LABURNUM CLOSE is located in SOUTH NORMANTON, in the DE55 postcode district. The below map shows the position of No. 3 on LABURNUM CLOSE.