3, HOMECROFT DRIVE, SELSTON, NOTTINGHAM, NG16 6EZ - £295,000

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.

3 HOMECROFT DRIVE is a midsized detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £297,172. It was last sold for £295,000 in September 2024, which was around 11% above the average September 2024 detached price in the Ashfield local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

3 HOMECROFT DRIVE Sold Prices

Land registry data shows five sales for 3 HOMECROFT DRIVE 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 3 HOMECROFT DRIVE 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
2024 26 SEP	£295,000	£265,285	11% above HPI
2005 26 MAY	£249,950	£152,646	64% above HPI
2004 14 MAY	£222,500	£135,223	65% above HPI
2003 6 JAN	£29,000	£107,294	73% below HPI
2000 5 APR	£27,500	£64,611	57% below HPI

3 HOMECROFT DRIVE 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 3 HOMECROFT DRIVE sales between April 2000 and September 2024 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 2005 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 HOMECROFT DRIVE be worth now?

3 HOMECROFT DRIVE might now be worth an estimated £297,172.

This is based on house price inflation of 0.7%, between September 2024 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 0.7% inflationary increase is applied to the most recent sale price for 3 HOMECROFT DRIVE of £295,000 on 26th September 2024. For the value to have increased from £295,000 to £297,172 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 3 HOMECROFT DRIVE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The September 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOMECROFT DRIVE has not materially changed since September 2024.

How Large is 3 HOMECROFT DRIVE?

3 HOMECROFT DRIVE is 93m² according to the EPC inspection conducted in May 2024. 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 3 HOMECROFT DRIVE lies on this distribution: 47% of detached houses houses are smaller than 3 HOMECROFT DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Selston.

3 HOMECROFT DRIVE: Plot and Title Map

3 HOMECROFT DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 3 HOMECROFT DRIVE, 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 3 HOMECROFT DRIVE). 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 3 HOMECROFT DRIVE?

3 HOMECROFT DRIVE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 3 on HOMECROFT DRIVE.