3, WELLSPRING CLOSE, WINGERWORTH, CHESTERFIELD, S42 6RN - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 WELLSPRING CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £260,000 in September 2021, which was around 3% below the average September 2021 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 WELLSPRING CLOSE Sold Prices

Land registry data shows two sales for 3 WELLSPRING 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 WELLSPRING 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
2021 13 SEP	£260,000	£269,420	3% below HPI
2016 10 MAY	£177,000	£223,600	21% below HPI

3 WELLSPRING 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 WELLSPRING CLOSE sales from May 2016 and September 2021 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 May 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 WELLSPRING CLOSE?

3 WELLSPRING CLOSE is 68m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Wingerworth, based on EPC data. The below chart shows the distribution of detached houses by size in Wingerworth, and where 3 WELLSPRING CLOSE lies on this distribution: 2% of detached houses are smaller than 3 WELLSPRING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wingerworth.

3 WELLSPRING CLOSE: Plot and Title Map

3 WELLSPRING CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². 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 WINGERWORTH, in the S42 postcode district. The below map shows the position of No. 3 on WELLSPRING CLOSE.