4, BLACKSMITHS CLOSE, NETHERSEAL, SWADLINCOTE, DE12 8DR - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 BLACKSMITHS CLOSE is a very small extended detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £344,120. It was last sold for £235,000 in October 2015, which was around 6% below the average October 2015 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was D.

4 BLACKSMITHS CLOSE Sold Prices

Land registry data shows two sales for 4 BLACKSMITHS 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 South Derbyshire local authority area for the corresponding sale date. One of the two 4 BLACKSMITHS CLOSE sales was for below the average price, whilst the other was 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
2015 30 OCT	£235,000	£249,211	6% below HPI
2001 30 MAR	£130,000	£105,582	23% above HPI

4 BLACKSMITHS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 4 BLACKSMITHS CLOSE sales from March 2001 and October 2015 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 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 BLACKSMITHS CLOSE be worth now?

4 BLACKSMITHS CLOSE might now be worth an estimated £344,120.

This is based on house price inflation of 46.4%, between October 2015 and December 2024, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.4% inflationary increase is applied to the most recent sale price for 4 BLACKSMITHS CLOSE of £235,000 on 30th October 2015. For the value to have increased from £235,000 to £344,120 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 BLACKSMITHS CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The October 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BLACKSMITHS CLOSE has not materially changed since October 2015.

How Large is 4 BLACKSMITHS CLOSE?

4 BLACKSMITHS CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Netherseal, based on EPC data. The below chart shows the distribution of detached houses houses by size in Netherseal, and where 4 BLACKSMITHS CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 BLACKSMITHS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Netherseal.

4 BLACKSMITHS CLOSE: Plot and Title Map

4 BLACKSMITHS CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 BLACKSMITHS 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 4 BLACKSMITHS 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 4 BLACKSMITHS CLOSE?

4 BLACKSMITHS CLOSE is located in NETHERSEAL, in the DE12 postcode district. The below map shows the position of No. 4 on BLACKSMITHS CLOSE.