1, WELL CLOSE, HULLAND WARD, ASHBOURNE, DE6 3EY - £220,000

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.

1 WELL CLOSE is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £363,730. It was last sold for £220,000 in October 2006, which was around 23% below the average October 2006 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

1 WELL CLOSE Sold Prices

Land registry data shows three sales for 1 WELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the three 1 WELL 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
2006 6 OCT	£220,000	£286,297	23% below HPI
2004 23 JUL	£175,000	£248,573	30% below HPI
2002 25 JAN	£103,000	£147,380	30% below HPI

1 WELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The three 1 WELL CLOSE sales between January 2002 and October 2006 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 July 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 WELL CLOSE be worth now?

1 WELL CLOSE might now be worth an estimated £363,730.

This is based on house price inflation of 65.3%, between October 2006 and March 2025, for detached houses, in the Derbyshire Dales local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.3% inflationary increase is applied to the most recent sale price for 1 WELL CLOSE of £220,000 on 6th October 2006. For the value to have increased from £220,000 to £363,730 over the nineteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 1 WELL CLOSE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The October 2006 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELL CLOSE has not materially changed since October 2006.

How Large is 1 WELL CLOSE?

1 WELL CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses houses in Hulland Ward, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hulland Ward, and where 1 WELL CLOSE lies on this distribution: 19% of detached houses houses are smaller than 1 WELL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hulland Ward.

1 WELL CLOSE: Plot and Title Map

1 WELL CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 1 WELL 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 1 WELL 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 1 WELL CLOSE?

1 WELL CLOSE is located in HULLAND WARD, in the DE6 postcode district. The below map shows the position of No. 1 on WELL CLOSE.