5, KYNANCE CLOSE, SOUTH NORMANTON, ALFRETON, DE55 2FD - £245,000

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.

5 KYNANCE CLOSE is a large detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £296,078. It was last sold for £245,000 in April 2021, which was around 15% above the average April 2021 detached price in the Bolsover local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

5 KYNANCE CLOSE Sold Prices

Land registry data shows three sales for 5 KYNANCE 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 Bolsover local authority area for the corresponding sale date. All of the three 5 KYNANCE 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
2021 12 APR	£245,000	£213,348	15% above HPI
2006 7 FEB	£190,950	£139,835	37% above HPI
1996 28 JUN	£86,995	£50,471	72% above HPI

5 KYNANCE 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 three 5 KYNANCE CLOSE sales between June 1996 and April 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 February 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 KYNANCE CLOSE be worth now?

5 KYNANCE CLOSE might now be worth an estimated £296,078.

This is based on house price inflation of 20.8%, between April 2021 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 20.8% inflationary increase is applied to the most recent sale price for 5 KYNANCE CLOSE of £245,000 on 12th April 2021. For the value to have increased from £245,000 to £296,078 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 KYNANCE CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The April 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KYNANCE CLOSE has not materially changed since April 2021.

How Large is 5 KYNANCE CLOSE?

5 KYNANCE CLOSE is 128m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in South Normanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Normanton, and where 5 KYNANCE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 5 KYNANCE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

5 KYNANCE CLOSE: Plot and Title Map

5 KYNANCE CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 5 KYNANCE 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 5 KYNANCE 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 5 KYNANCE CLOSE?

5 KYNANCE CLOSE is located in SOUTH NORMANTON, in the DE55 postcode district. The below map shows the position of No. 5 on KYNANCE CLOSE.