37, SPRINGWOOD VIEW CLOSE, SUTTON-IN-ASHFIELD, NG17 2HR - £237,500

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.

37 SPRINGWOOD VIEW CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £284,162. It was last sold for £237,500 in December 2020, which was around 6% above the average December 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

37 SPRINGWOOD VIEW CLOSE Sold Prices

Land registry data shows two sales for 37 SPRINGWOOD VIEW 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 Ashfield local authority area for the corresponding sale date. One of the two 37 SPRINGWOOD VIEW CLOSE sales was for above the average price, whilst the other was 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
2020 21 DEC	£237,500	£223,355	6% above HPI
2019 6 JUN	£135,000	£201,060	33% below HPI

37 SPRINGWOOD VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 37 SPRINGWOOD VIEW CLOSE sales from June 2019 and December 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 June 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 37 SPRINGWOOD VIEW CLOSE be worth now?

37 SPRINGWOOD VIEW CLOSE might now be worth an estimated £284,162.

This is based on house price inflation of 19.6%, between December 2020 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 37 SPRINGWOOD VIEW CLOSE of £237,500 on 21st December 2020. For the value to have increased from £237,500 to £284,162 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 37 SPRINGWOOD VIEW CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The December 2020 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 37 SPRINGWOOD VIEW CLOSE has not materially changed since December 2020.

How Large is 37 SPRINGWOOD VIEW CLOSE?

37 SPRINGWOOD VIEW CLOSE is 74m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton in Ashfield, and where 37 SPRINGWOOD VIEW CLOSE lies on this distribution: 17% of detached houses houses are smaller than 37 SPRINGWOOD VIEW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

37 SPRINGWOOD VIEW CLOSE: Plot and Title Map

37 SPRINGWOOD VIEW CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 37 SPRINGWOOD VIEW 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 37 SPRINGWOOD VIEW 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 37 SPRINGWOOD VIEW CLOSE?

37 SPRINGWOOD VIEW CLOSE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 37 on SPRINGWOOD VIEW CLOSE.