15, LEA LANE, SELSTON, NOTTINGHAM, NG16 6BY - £129,950

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

15 LEA LANE is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £129,950 in February 2004, which was around 2% below the average February 2004 detached price in the Ashfield local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

15 LEA LANE Sold Prices

Land registry data shows two sales for 15 LEA LANE 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 15 LEA LANE 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
2004 2 FEB	£129,950	£132,047	2% below HPI
2001 4 JAN	£50,000	£70,863	29% below HPI

15 LEA LANE 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 15 LEA LANE sales from January 2001 and February 2004 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 January 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2004 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 15 LEA LANE?

15 LEA LANE is 85m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 15 LEA LANE lies on this distribution: 40% of detached houses are smaller than 15 LEA LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Selston.

15 LEA LANE: Plot and Title Map

15 LEA LANE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 15 LEA LANE, 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 15 LEA LANE). 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 15 LEA LANE?

15 LEA LANE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 15 on LEA LANE.