31, SPA CLOSE, SUTTON-IN-ASHFIELD, NG17 5BU - £185,000

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

31 SPA CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £185,000 in August 2023, which was around 29% below the average August 2023 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

31 SPA CLOSE Sold Prices

Land registry data shows three sales for 31 SPA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the three 31 SPA 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
2023 2 AUG	£185,000	£262,353	29% below HPI
2013 1 MAR	£101,000	£141,218	28% below HPI
2004 30 APR	£98,000	£133,005	26% below HPI

31 SPA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 31 SPA CLOSE sales between April 2004 and August 2023 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 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 31 SPA CLOSE?

31 SPA CLOSE is 71m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton in Ashfield, and where 31 SPA CLOSE lies on this distribution: 14% of detached houses are smaller than 31 SPA CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

31 SPA CLOSE: Plot and Title Map

31 SPA CLOSE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 31 SPA 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 31 SPA 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 31 SPA CLOSE?

31 SPA CLOSE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 31 on SPA CLOSE.