31, WELLSPRING CLOSE, WINGERWORTH, CHESTERFIELD, S42 6RN - £117,500

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.

31 WELLSPRING CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £200,851. It was last sold for £117,500 in December 2013, which was around 13% below the average December 2013 semi-detached price in the North East Derbyshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

31 WELLSPRING CLOSE Sold Prices

Land registry data shows three sales for 31 WELLSPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 31 WELLSPRING 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
2013 20 DEC	£117,500	£135,370	13% below HPI
2006 12 DEC	£80,000	£136,403	41% below HPI
2004 24 JUN	£80,000	£104,344	23% below HPI

31 WELLSPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The three 31 WELLSPRING CLOSE sales between June 2004 and December 2013 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 December 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 31 WELLSPRING CLOSE be worth now?

31 WELLSPRING CLOSE might now be worth an estimated £200,851.

This is based on house price inflation of 70.9%, between December 2013 and March 2025, for semi-detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.9% inflationary increase is applied to the most recent sale price for 31 WELLSPRING CLOSE of £117,500 on 20th December 2013. For the value to have increased from £117,500 to £200,851 over the twelve years and nine months to March 2025, the following assumptions must hold true:

• The value of 31 WELLSPRING CLOSE has moved in line with the HPI for semi-detached houses in the North East Derbyshire local authority area.
• The December 2013 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 31 WELLSPRING CLOSE has not materially changed since December 2013.

How Large is 31 WELLSPRING CLOSE?

31 WELLSPRING CLOSE is 72m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of semi-detached houses houses in Wingerworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wingerworth, and where 31 WELLSPRING CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 31 WELLSPRING CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wingerworth.

31 WELLSPRING CLOSE: Plot and Title Map

31 WELLSPRING CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 31 WELLSPRING 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 31 WELLSPRING 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 31 WELLSPRING CLOSE?

31 WELLSPRING CLOSE is located in WINGERWORTH, in the S42 postcode district. The below map shows the position of No. 31 on WELLSPRING CLOSE.