12, FERNLEA CLOSE, HADFIELD, GLOSSOP, SK13 2EW - £230,000

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.

12 FERNLEA CLOSE is a small extended terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £286,410. It was last sold for £230,000 in July 2020, which was around 46% above the average July 2020 terraced price in the High Peak local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

12 FERNLEA CLOSE Sold Prices

Land registry data shows two sales for 12 FERNLEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the High Peak local authority area for the corresponding sale date. Both of the two 12 FERNLEA 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
2020 3 JUL	£230,000	£157,575	46% above HPI
2014 20 NOV	£162,500	£129,010	26% above HPI

12 FERNLEA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the High Peak local authority area over time, sourced from the HPI. The two 12 FERNLEA CLOSE sales from November 2014 and July 2020 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 November 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2020 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 12 FERNLEA CLOSE be worth now?

12 FERNLEA CLOSE might now be worth an estimated £286,410.

This is based on house price inflation of 24.5%, between July 2020 and June 2025, for terraced houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 12 FERNLEA CLOSE of £230,000 on 3rd July 2020. For the value to have increased from £230,000 to £286,410 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 12 FERNLEA CLOSE has moved in line with the HPI for terraced houses in the High Peak local authority area.
• The July 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FERNLEA CLOSE has not materially changed since July 2020.

How Large is 12 FERNLEA CLOSE?

12 FERNLEA CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of terraced houses houses in Hadfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hadfield, and where 12 FERNLEA CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 12 FERNLEA CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hadfield.

12 FERNLEA CLOSE: Plot and Title Map

12 FERNLEA CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 FERNLEA 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 12 FERNLEA 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 12 FERNLEA CLOSE?

12 FERNLEA CLOSE is located in HADFIELD, in the SK13 postcode district. The below map shows the position of No. 12 on FERNLEA CLOSE.