17, FOREST CLOSE, SELSTON, NOTTINGHAM, NG16 6QZ - £225,000

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.

17 FOREST CLOSE is a small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £248,458. It was last sold for £225,000 in October 2021, which was around 7% below the average October 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

17 FOREST CLOSE Sold Prices

Land registry data shows three sales for 17 FOREST 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. Two of the three 17 FOREST CLOSE sales were for below the average price, whilst one was 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
2021 28 OCT	£225,000	£242,007	7% below HPI
2009 22 MAY	£155,000	£135,469	14% above HPI
2009 4 MAR	£68,000	£135,355	50% below HPI

17 FOREST 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 17 FOREST CLOSE sales between March 2009 and October 2021 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 May 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 17 FOREST CLOSE be worth now?

17 FOREST CLOSE might now be worth an estimated £248,458.

This is based on house price inflation of 10.4%, between October 2021 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 10.4% inflationary increase is applied to the most recent sale price for 17 FOREST CLOSE of £225,000 on 28th October 2021. For the value to have increased from £225,000 to £248,458 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 FOREST CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The October 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FOREST CLOSE has not materially changed since October 2021.

How Large is 17 FOREST CLOSE?

17 FOREST CLOSE is 73m² according to the EPC inspection conducted in October 2019. 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 17 FOREST CLOSE lies on this distribution: 21% of detached houses houses are smaller than 17 FOREST CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Selston.

17 FOREST CLOSE: Plot and Title Map

17 FOREST CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 17 FOREST 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 17 FOREST 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 17 FOREST CLOSE?

17 FOREST CLOSE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 17 on FOREST CLOSE.