18, BLACKSMITHS CLOSE, NETHERSEAL, SWADLINCOTE, DE12 8DR - £255,000

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.

18 BLACKSMITHS CLOSE is a very large detached house of 153m², which could now be worth an estimated £450,228. It was last sold for £255,000 in October 2011, which was around 23% above the average October 2011 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

18 BLACKSMITHS CLOSE Sold Prices

Land registry data shows two sales for 18 BLACKSMITHS 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 18 BLACKSMITHS 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
2011 7 OCT	£255,000	£207,632	23% above HPI
2001 5 SEP	£169,950	£110,647	54% above HPI

18 BLACKSMITHS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 18 BLACKSMITHS CLOSE sales from September 2001 and October 2011 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 September 2001 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2011 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 18 BLACKSMITHS CLOSE be worth now?

18 BLACKSMITHS CLOSE might now be worth an estimated £450,228.

This is based on house price inflation of 76.6%, between October 2011 and July 2026, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.6% inflationary increase is applied to the most recent sale price for 18 BLACKSMITHS CLOSE of £255,000 on 7th October 2011. For the value to have increased from £255,000 to £450,228 over the fifteen years and three months to July 2026, the following assumptions must hold true:

• The value of 18 BLACKSMITHS CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The October 2011 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BLACKSMITHS CLOSE has not materially changed since October 2011.

How Large is 18 BLACKSMITHS CLOSE?

18 BLACKSMITHS CLOSE is 153m² according to the EPC inspection conducted in September 2008. This puts it in the largest 20% of detached houses in Netherseal, based on EPC data. The below chart shows the distribution of detached houses by size in Netherseal, and where 18 BLACKSMITHS CLOSE lies on this distribution: 81% of detached houses are smaller than 18 BLACKSMITHS CLOSE, and 17% of detached houses are larger. Note that EPC data is not available for all properties in Netherseal.

18 BLACKSMITHS CLOSE: Plot

18 BLACKSMITHS CLOSE sits on a plot of roughly 0.128 of an acre, or 519m².

Where is 18 BLACKSMITHS CLOSE?

18 BLACKSMITHS CLOSE is located in NETHERSEAL, in the DE12 postcode district.