1A, STONEY LANE, SELSTON, NOTTINGHAM, NG16 6EU - £205,000

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.

1A STONEY LANE is a large extended detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £265,666. It was last sold for £205,000 in June 2020, which was around 1% below the average June 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

1A STONEY LANE Sold Prices

Land registry data shows two sales for 1A STONEY 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. One of the two 1A STONEY LANE sales was for below the average price, whilst the other 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
2020 5 JUN	£205,000	£206,213	1% below HPI
2002 23 AUG	£153,000	£88,740	72% above HPI

1A STONEY 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 1A STONEY LANE sales from August 2002 and June 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 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the June 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1A STONEY LANE be worth now?

1A STONEY LANE might now be worth an estimated £265,666.

This is based on house price inflation of 29.6%, between June 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 29.6% inflationary increase is applied to the most recent sale price for 1A STONEY LANE of £205,000 on 5th June 2020. For the value to have increased from £205,000 to £265,666 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 1A STONEY LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The June 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 1A STONEY LANE has not materially changed since June 2020.

How Large is 1A STONEY LANE?

1A STONEY LANE is 117m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 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 1A STONEY LANE lies on this distribution: 70% of detached houses houses are smaller than 1A STONEY LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Selston.

1A STONEY LANE: Plot and Title Map

1A STONEY LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1A STONEY 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 1A STONEY 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 1A STONEY LANE?

1A STONEY LANE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 1A on STONEY LANE.