7, IONA CLOSE, TIBSHELF, ALFRETON, DE55 5PN - £117,000

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

7 IONA CLOSE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £117,000 in June 2015, which was around 20% below the average June 2015 detached price in the Bolsover local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 IONA CLOSE Sold Prices

Land registry data shows two sales for 7 IONA 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 Bolsover local authority area for the corresponding sale date. Both of the two 7 IONA 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
2015 26 JUN	£117,000	£146,378	20% below HPI
1998 20 AUG	£34,000	£57,133	40% below HPI

7 IONA 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 two 7 IONA CLOSE sales from August 1998 and June 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 August 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 IONA CLOSE?

7 IONA CLOSE is 60m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Tibshelf, based on EPC data. The below chart shows the distribution of detached houses by size in Tibshelf, and where 7 IONA CLOSE lies on this distribution: 5% of detached houses are smaller than 7 IONA CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Tibshelf.

7 IONA CLOSE: Plot and Title Map

7 IONA CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 7 IONA 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 IONA 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 IONA CLOSE?

7 IONA CLOSE is located in TIBSHELF, in the DE55 postcode district. The below map shows the position of No. 7 on IONA CLOSE.