8, PENNINE CLOSE, NEWTON, ALFRETON, DE55 5UD - £185,000

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.

8 PENNINE CLOSE is a very large extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £331,941. It was last sold for £185,000 in June 2015, which was around 29% above the average June 2015 detached price in the Bolsover local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

8 PENNINE CLOSE Sold Prices

Land registry data shows two sales for 8 PENNINE 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 8 PENNINE 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
2015 16 JUN	£185,000	£143,694	29% above HPI
1998 16 JAN	£64,500	£51,255	26% above HPI

8 PENNINE 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 8 PENNINE CLOSE sales from January 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 January 1998 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 8 PENNINE CLOSE be worth now?

8 PENNINE CLOSE might now be worth an estimated £331,941.

This is based on house price inflation of 79.4%, between June 2015 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.4% inflationary increase is applied to the most recent sale price for 8 PENNINE CLOSE of £185,000 on 16th June 2015. For the value to have increased from £185,000 to £331,941 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 8 PENNINE CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The June 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENNINE CLOSE has not materially changed since June 2015.

How Large is 8 PENNINE CLOSE?

8 PENNINE CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Newton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton, and where 8 PENNINE CLOSE lies on this distribution: 81% of detached houses houses are smaller than 8 PENNINE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Newton.

8 PENNINE CLOSE: Plot and Title Map

8 PENNINE CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 PENNINE 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 8 PENNINE 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 8 PENNINE CLOSE?

8 PENNINE CLOSE is located in NEWTON, in the DE55 postcode district. The below map shows the position of No. 8 on PENNINE CLOSE.