WINDMILL HOUSE, 3, WETHERILL CLOSE, CLAYPOLE, NEWARK, NG23 5BF - £164,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WINDMILL HOUSE is a small extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £394,673. It was last sold for £164,000 in October 2002, which was around 7% above the average October 2002 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

WINDMILL HOUSE Sold Prices

Land registry data shows two sales for WINDMILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two WINDMILL HOUSE 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
2002 18 OCT	£164,000	£153,056	7% above HPI
2000 20 APR	£97,500	£95,479	2% above HPI

WINDMILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two WINDMILL HOUSE sales from April 2000 and October 2002 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 April 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2002 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might WINDMILL HOUSE be worth now?

WINDMILL HOUSE might now be worth an estimated £394,673.

This is based on house price inflation of 140.7%, between October 2002 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 140.7% inflationary increase is applied to the most recent sale price for WINDMILL HOUSE of £164,000 on 18th October 2002. For the value to have increased from £164,000 to £394,673 over the 21 years and ten months to December 2024, the following assumptions must hold true:

• The value of WINDMILL HOUSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2002 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of WINDMILL HOUSE has not materially changed since October 2002.

How Large is WINDMILL HOUSE?

WINDMILL HOUSE is 106m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 40% of detached houses houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Claypole, and where WINDMILL HOUSE lies on this distribution: 34% of detached houses houses are smaller than WINDMILL HOUSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Claypole.

WINDMILL HOUSE: Plot and Title Map

WINDMILL HOUSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of WINDMILL HOUSE, 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 WINDMILL HOUSE). 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 WINDMILL HOUSE?

WINDMILL HOUSE is located on WETHERILL CLOSE in CLAYPOLE, in the NG23 postcode district. The below map shows the position of WINDMILL HOUSE on WETHERILL CLOSE.