2, LILLEY CLOSE, SELSTON, NOTTINGHAM, NG16 6DZ - £198,000

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.

2 LILLEY CLOSE is a large detached house of 130m², built sometime between 2003 and 2006, which could now be worth an estimated £325,247. It was last sold for £198,000 in November 2014, which was around 22% above the average November 2014 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 LILLEY CLOSE Sold Prices

Land registry data shows two sales for 2 LILLEY CLOSE 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 2 LILLEY CLOSE 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
2014 28 NOV	£198,000	£162,686	22% above HPI
2003 19 SEP	£164,995	£121,315	36% above HPI

2 LILLEY 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 two 2 LILLEY CLOSE sales from September 2003 and November 2014 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 September 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 LILLEY CLOSE be worth now?

2 LILLEY CLOSE might now be worth an estimated £325,247.

This is based on house price inflation of 64.3%, between November 2014 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 64.3% inflationary increase is applied to the most recent sale price for 2 LILLEY CLOSE of £198,000 on 28th November 2014. For the value to have increased from £198,000 to £325,247 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 LILLEY CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The November 2014 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LILLEY CLOSE has not materially changed since November 2014.

How Large is 2 LILLEY CLOSE?

2 LILLEY CLOSE is 130m² according to the EPC inspection conducted in August 2014. 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 2 LILLEY CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 LILLEY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Selston.

2 LILLEY CLOSE: Plot and Title Map

2 LILLEY CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2 LILLEY 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 2 LILLEY 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 2 LILLEY CLOSE?

2 LILLEY CLOSE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 2 on LILLEY CLOSE.