5, MALHAM CLOSE, CHESTERFIELD, S40 4LF - £320,000

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 MALHAM CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £342,370. It was last sold for £320,000 in May 2022, which was around 6% above the average May 2022 detached price in the Chesterfield local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

5 MALHAM CLOSE Sold Prices

Land registry data shows three sales for 5 MALHAM 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 Chesterfield local authority area for the corresponding sale date. Two of the three 5 MALHAM CLOSE sales were for above the average price, whilst one was 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
2022 5 MAY	£320,000	£301,321	6% above HPI
2014 22 OCT	£232,000	£210,237	10% above HPI
2014 16 APR	£155,000	£202,158	23% below HPI

5 MALHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The three 5 MALHAM CLOSE sales between April 2014 and May 2022 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 October 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 MALHAM CLOSE be worth now?

5 MALHAM CLOSE might now be worth an estimated £342,370.

This is based on house price inflation of 7%, between May 2022 and March 2025, for detached houses, in the Chesterfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 5 MALHAM CLOSE of £320,000 on 5th May 2022. For the value to have increased from £320,000 to £342,370 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 5 MALHAM CLOSE has moved in line with the HPI for detached houses in the Chesterfield local authority area.
• The May 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MALHAM CLOSE has not materially changed since May 2022.

How Large is 5 MALHAM CLOSE?

5 MALHAM CLOSE is 73m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chesterfield, and where 5 MALHAM CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 MALHAM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

5 MALHAM CLOSE: Plot and Title Map

5 MALHAM CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 MALHAM 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 MALHAM 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 MALHAM CLOSE?

5 MALHAM CLOSE is located in CHESTERFIELD, in the S40 postcode district. The below map shows the position of No. 5 on MALHAM CLOSE.