7, WELLAND CLOSE, WORKSOP, S81 7LX - £125,000

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 WELLAND CLOSE is a small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £125,000 in January 2013, which was around 27% below the average January 2013 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

7 WELLAND CLOSE Sold Prices

Land registry data shows five sales for 7 WELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the five 7 WELLAND 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
2013 25 JAN	£125,000	£170,788	27% below HPI
2003 21 MAR	£110,000	£119,868	8% below HPI
2001 23 FEB	£62,950	£75,844	17% below HPI
2000 23 JUN	£59,950	£73,704	19% below HPI
1996 4 APR	£49,500	£60,359	18% below HPI

7 WELLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The five 7 WELLAND CLOSE sales between April 1996 and January 2013 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 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 WELLAND CLOSE?

7 WELLAND CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses by size in Worksop, and where 7 WELLAND CLOSE lies on this distribution: 21% of detached houses are smaller than 7 WELLAND CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Worksop.

7 WELLAND CLOSE: Plot and Title Map

7 WELLAND CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 7 WELLAND 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 WELLAND 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 WELLAND CLOSE?

7 WELLAND CLOSE is located in WORKSOP, in the S81 postcode district. The below map shows the position of No. 7 on WELLAND CLOSE.