15, NEWSTEAD CLOSE, SELSTON, NOTTINGHAM, NG16 6RL - £107,500

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.

15 NEWSTEAD CLOSE is a small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £197,667. It was last sold for £107,500 in August 2012, which was around 26% below the average August 2012 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 NEWSTEAD CLOSE Sold Prices

Land registry data shows three sales for 15 NEWSTEAD 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 15 NEWSTEAD 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
2012 6 AUG	£107,500	£145,336	26% below HPI
2002 2 AUG	£73,000	£88,740	18% below HPI
1998 27 NOV	£52,500	£56,814	8% below HPI

15 NEWSTEAD 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 15 NEWSTEAD CLOSE sales between November 1998 and August 2012 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 NEWSTEAD CLOSE be worth now?

15 NEWSTEAD CLOSE might now be worth an estimated £197,667.

This is based on house price inflation of 83.9%, between August 2012 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 83.9% inflationary increase is applied to the most recent sale price for 15 NEWSTEAD CLOSE of £107,500 on 6th August 2012. For the value to have increased from £107,500 to £197,667 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 15 NEWSTEAD CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The August 2012 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 15 NEWSTEAD CLOSE has not materially changed since August 2012.

How Large is 15 NEWSTEAD CLOSE?

15 NEWSTEAD CLOSE is 76m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% 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 15 NEWSTEAD CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 NEWSTEAD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Selston.

15 NEWSTEAD CLOSE: Plot and Title Map

15 NEWSTEAD CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 15 NEWSTEAD 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 15 NEWSTEAD 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 15 NEWSTEAD CLOSE?

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