17, PENROSE COURT, SELSTON, NOTTINGHAM, NG16 6RH - £260,000

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 PENROSE COURT is a midsized extended detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £277,485. It was last sold for £260,000 in February 2022, which was around 4% above the average February 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

17 PENROSE COURT Sold Prices

Land registry data shows five sales for 17 PENROSE COURT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Most of the five 17 PENROSE COURT sales were 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
2022 2 FEB	£260,000	£250,399	4% above HPI
2016 2 DEC	£177,000	£184,805	4% below HPI
2004 26 NOV	£162,000	£147,535	10% above HPI
2002 7 JUN	£106,000	£85,260	24% above HPI
1999 28 MAY	£79,500	£61,619	29% above HPI

17 PENROSE COURT 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 five 17 PENROSE COURT sales between May 1999 and February 2022 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 December 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 17 PENROSE COURT be worth now?

17 PENROSE COURT might now be worth an estimated £277,485.

This is based on house price inflation of 6.7%, between February 2022 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 6.7% inflationary increase is applied to the most recent sale price for 17 PENROSE COURT of £260,000 on 2nd February 2022. For the value to have increased from £260,000 to £277,485 over the three years to February 2025, the following assumptions must hold true:

• The value of 17 PENROSE COURT has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The February 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PENROSE COURT has not materially changed since February 2022.

How Large is 17 PENROSE COURT?

17 PENROSE COURT is 93m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 PENROSE COURT lies on this distribution: 47% of detached houses houses are smaller than 17 PENROSE COURT, and 52% of houses are larger. Note that EPC data is not available for all properties in Selston.

17 PENROSE COURT: Plot and Title Map

17 PENROSE COURT sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 17 PENROSE COURT, 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 PENROSE COURT). 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 PENROSE COURT?

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