12, FRIARS CLOSE, SELSTON, NOTTINGHAM, NG16 6QA - £125,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 FRIARS CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £125,000 in December 2019, which was around 38% below the average December 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

12 FRIARS CLOSE Sold Prices

Land registry data shows three sales for 12 FRIARS 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 Ashfield local authority area for the corresponding sale date. All of the three 12 FRIARS 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
2019 6 DEC	£125,000	£203,136	38% below HPI
2003 12 SEP	£74,000	£121,486	39% below HPI
1996 4 APR	£36,000	£54,571	34% below HPI

12 FRIARS 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 three 12 FRIARS CLOSE sales between April 1996 and December 2019 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 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 12 FRIARS CLOSE?

12 FRIARS CLOSE is 51m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 12 FRIARS CLOSE lies on this distribution: 1% of detached houses are smaller than 12 FRIARS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Selston.

12 FRIARS CLOSE: Plot and Title Map

12 FRIARS CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 12 FRIARS 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 FRIARS 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 FRIARS CLOSE?

12 FRIARS CLOSE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 12 on FRIARS CLOSE.