Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 WOODHEAD CLOSE is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £143,000 in May 2014, which was around 33% below the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 WOODHEAD CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 7 WOODHEAD 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 |
---|---|---|---|
2014 15 MAY | £143,000 | £213,982 | 33% below HPI |
2007 10 AUG | £123,000 | £224,225 | 45% below HPI |
The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 7 WOODHEAD CLOSE sales from August 2007 and May 2014 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 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
7 WOODHEAD CLOSE is 56m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where 7 WOODHEAD CLOSE lies on this distribution: 2% of detached houses are smaller than 7 WOODHEAD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.
7 WOODHEAD CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 WOODHEAD 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 WOODHEAD 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.
7 WOODHEAD CLOSE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 7 on WOODHEAD CLOSE.