3, PIPPIN CLOSE, SELSTON, NOTTINGHAM, NG16 6JE - £248,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 PIPPIN CLOSE is a large detached house of 123m², built sometime from 2007 onwards. It was last sold for £248,000 in May 2019, which was around 23% above the average May 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

3 PIPPIN CLOSE Sold Prices

Land registry data shows two sales for 3 PIPPIN 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 3 PIPPIN 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
2019 31 MAY	£248,000	£201,008	23% above HPI
2006 21 DEC	£202,036	£159,343	27% above HPI

3 PIPPIN 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 3 PIPPIN CLOSE sales from December 2006 and May 2019 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 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 3 PIPPIN CLOSE?

3 PIPPIN CLOSE is 123m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 3 PIPPIN CLOSE lies on this distribution: 74% of detached houses are smaller than 3 PIPPIN CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Selston.

3 PIPPIN CLOSE: Plot and Title Map

3 PIPPIN CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 3 PIPPIN 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 3 PIPPIN 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 3 PIPPIN CLOSE?

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