12, LYND CLOSE, SELSTON, NOTTINGHAM, NG16 6RN - £135,000

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 LYND CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £171,438. It was last sold for £135,000 in August 2020, which was around 36% below the average August 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

12 LYND CLOSE Sold Prices

Land registry data shows two sales for 12 LYND 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. Both of the two 12 LYND 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
2020 7 AUG	£135,000	£210,438	36% below HPI
1998 7 AUG	£44,000	£60,736	28% below HPI

12 LYND 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 12 LYND CLOSE sales from August 1998 and August 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 August 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 12 LYND CLOSE be worth now?

12 LYND CLOSE might now be worth an estimated £171,438.

This is based on house price inflation of 27%, between August 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 27% inflationary increase is applied to the most recent sale price for 12 LYND CLOSE of £135,000 on 7th August 2020. For the value to have increased from £135,000 to £171,438 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 12 LYND CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The August 2020 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LYND CLOSE has not materially changed since August 2020.

How Large is 12 LYND CLOSE?

12 LYND CLOSE is 51m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Selston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Selston, and where 12 LYND CLOSE lies on this distribution: 1% of detached houses houses are smaller than 12 LYND CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Selston.

12 LYND CLOSE: Plot and Title Map

12 LYND CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 12 LYND 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 LYND 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 LYND CLOSE?

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