3, WELLSPRING CLOSE, BARLBOROUGH, CHESTERFIELD, S43 4UY - £255,000

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 WELLSPRING CLOSE is a midsized detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £419,295. It was last sold for £255,000 in August 2016, which was around 63% above the average August 2016 detached price in the Bolsover local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

3 WELLSPRING CLOSE Sold Prices

Land registry data shows four sales for 3 WELLSPRING 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. All of the four 3 WELLSPRING 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
2016 19 AUG	£255,000	£156,801	63% above HPI
2011 25 MAR	£235,000	£132,897	77% above HPI
2000 18 FEB	£95,000	£56,495	68% above HPI
1996 31 MAY	£92,500	£47,178	96% above HPI

3 WELLSPRING 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 WELLSPRING CLOSE sales between May 1996 and August 2016 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 March 2011 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2016 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 3 WELLSPRING CLOSE be worth now?

3 WELLSPRING CLOSE might now be worth an estimated £419,295.

This is based on house price inflation of 64.4%, between August 2016 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 64.4% inflationary increase is applied to the most recent sale price for 3 WELLSPRING CLOSE of £255,000 on 19th August 2016. For the value to have increased from £255,000 to £419,295 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 3 WELLSPRING CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The August 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLSPRING CLOSE has not materially changed since August 2016.

How Large is 3 WELLSPRING CLOSE?

3 WELLSPRING CLOSE is 119m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses houses in Barlborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barlborough, and where 3 WELLSPRING CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 WELLSPRING CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Barlborough.

3 WELLSPRING CLOSE: Plot and Title Map

3 WELLSPRING CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 WELLSPRING 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 WELLSPRING 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 WELLSPRING CLOSE?

3 WELLSPRING CLOSE is located in BARLBOROUGH, in the S43 postcode district. The below map shows the position of No. 3 on WELLSPRING CLOSE.