3, NEWSTEAD CLOSE, DRONFIELD WOODHOUSE, DRONFIELD, S18 8RA - £425,000

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 NEWSTEAD CLOSE is a large extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £529,807. It was last sold for £425,000 in November 2020, which was around 50% above the average November 2020 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

3 NEWSTEAD CLOSE Sold Prices

Land registry data shows two sales for 3 NEWSTEAD 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 North East Derbyshire local authority area for the corresponding sale date. Both of the two 3 NEWSTEAD CLOSE sales 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
2020 12 NOV	£425,000	£284,215	50% above HPI
2015 4 DEC	£270,000	£221,996	22% above HPI

3 NEWSTEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The two 3 NEWSTEAD CLOSE sales from December 2015 and November 2020 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 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 NEWSTEAD CLOSE be worth now?

3 NEWSTEAD CLOSE might now be worth an estimated £529,807.

This is based on house price inflation of 24.7%, between November 2020 and February 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 3 NEWSTEAD CLOSE of £425,000 on 12th November 2020. For the value to have increased from £425,000 to £529,807 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 NEWSTEAD CLOSE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The November 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEWSTEAD CLOSE has not materially changed since November 2020.

How Large is 3 NEWSTEAD CLOSE?

3 NEWSTEAD CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Dronfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dronfield, and where 3 NEWSTEAD CLOSE lies on this distribution: 65% of detached houses houses are smaller than 3 NEWSTEAD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Dronfield.

3 NEWSTEAD CLOSE: Plot and Title Map

3 NEWSTEAD CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 NEWSTEAD 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 NEWSTEAD 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 NEWSTEAD CLOSE?

3 NEWSTEAD CLOSE is located in DRONFIELD WOODHOUSE, in the S18 postcode district. The below map shows the position of No. 3 on NEWSTEAD CLOSE.