3, SHELBY CLOSE, LENTON, NOTTINGHAM, NG7 2FL - £144,950

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 SHELBY CLOSE is a very small terraced house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £198,114. It was last sold for £144,950 in July 2020, which was around 13% above the average July 2020 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

3 SHELBY CLOSE Sold Prices

Land registry data shows six sales for 3 SHELBY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. All of the six 3 SHELBY 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
2020 2 JUL	£144,950	£128,277	13% above HPI
2017 18 MAY	£129,000	£107,052	21% above HPI
2014 5 SEP	£115,000	£96,727	19% above HPI
2007 27 APR	£120,000	£96,330	25% above HPI
2002 30 SEP	£91,495	£58,756	56% above HPI
2001 8 MAY	£72,300	£41,178	76% above HPI

3 SHELBY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The six 3 SHELBY CLOSE sales between May 2001 and July 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 May 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 SHELBY CLOSE be worth now?

3 SHELBY CLOSE might now be worth an estimated £198,114.

This is based on house price inflation of 36.7%, between July 2020 and July 2025, for terraced houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.7% inflationary increase is applied to the most recent sale price for 3 SHELBY CLOSE of £144,950 on 2nd July 2020. For the value to have increased from £144,950 to £198,114 over the five years to July 2025, the following assumptions must hold true:

• The value of 3 SHELBY CLOSE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The July 2020 sale price of £144,950 represented a fair market value for the property.
• The size, condition, and specification of 3 SHELBY CLOSE has not materially changed since July 2020.

How Large is 3 SHELBY CLOSE?

3 SHELBY CLOSE is 53m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of terraced houses houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nottingham, and where 3 SHELBY CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 3 SHELBY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

3 SHELBY CLOSE: Plot and Title Map

3 SHELBY CLOSE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 3 SHELBY 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 SHELBY 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 SHELBY CLOSE?

3 SHELBY CLOSE is located in LENTON, in the NG7 postcode district. The below map shows the position of No. 3 on SHELBY CLOSE.