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

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 very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £340,151. It was last sold for £260,000 in September 2021, which was around 4% 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	£270,818	4% below HPI
2016 10 MAY	£177,000	£224,759	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 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 WELLSPRING CLOSE be worth now?

3 WELLSPRING CLOSE might now be worth an estimated £340,151.

This is based on house price inflation of 30.8%, between September 2021 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 30.8% inflationary increase is applied to the most recent sale price for 3 WELLSPRING CLOSE of £260,000 on 13th September 2021. For the value to have increased from £260,000 to £340,151 over the four years and seven 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 North East Derbyshire local authority area.
• The September 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLSPRING CLOSE has not materially changed since September 2021.

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 houses in Wingerworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wingerworth, and where 3 WELLSPRING CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 WELLSPRING CLOSE, and 97% 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.