7, GRANGE FARM CLOSE, SUTTON-IN-ASHFIELD, NG17 1NJ - £385,000

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.

7 GRANGE FARM CLOSE is a very large extended detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £378,044. It was last sold for £385,000 in October 2022, which was around 41% above the average October 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

7 GRANGE FARM CLOSE Sold Prices

Land registry data shows six sales for 7 GRANGE FARM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the six 7 GRANGE FARM 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
2022 7 OCT	£385,000	£272,155	41% above HPI
2020 31 JAN	£295,000	£204,957	44% above HPI
2014 25 JUL	£240,000	£161,172	49% above HPI
2009 23 JAN	£225,000	£142,786	58% above HPI
2002 10 MAY	£133,500	£84,187	59% above HPI
2001 21 JUN	£143,000	£71,383	100% above HPI

7 GRANGE FARM 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 six 7 GRANGE FARM CLOSE sales between June 2001 and October 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 January 2020 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2022 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 7 GRANGE FARM CLOSE be worth now?

7 GRANGE FARM CLOSE might now be worth an estimated £378,044.

This is based on house price deflation of 1.8%, between October 2022 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 7 GRANGE FARM CLOSE of £385,000 on 7th October 2022. For the value to have decreased from £385,000 to £378,044 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 GRANGE FARM CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The October 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRANGE FARM CLOSE has not materially changed since October 2022.

How Large is 7 GRANGE FARM CLOSE?

7 GRANGE FARM CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton in Ashfield, and where 7 GRANGE FARM CLOSE lies on this distribution: 86% of detached houses houses are smaller than 7 GRANGE FARM CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

7 GRANGE FARM CLOSE: Plot and Title Map

7 GRANGE FARM CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 7 GRANGE FARM 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 7 GRANGE FARM 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 7 GRANGE FARM CLOSE?

7 GRANGE FARM CLOSE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 7 on GRANGE FARM CLOSE.