5, WILLOW CLOSE, SELSTON, NOTTINGHAM, NG16 6RP - £176,000

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.

5 WILLOW CLOSE is a small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £197,853. It was last sold for £176,000 in September 2021, which was around 26% below the average September 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

5 WILLOW CLOSE Sold Prices

Land registry data shows four sales for 5 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the four 5 WILLOW CLOSE sales were for below 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
2021 15 SEP	£176,000	£237,721	26% below HPI
2021 30 APR	£141,500	£228,015	38% below HPI
2016 6 MAY	£145,000	£172,573	16% below HPI
1996 15 NOV	£48,500	£54,518	11% below HPI

5 WILLOW 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 four 5 WILLOW CLOSE sales between November 1996 and September 2021 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 April 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 WILLOW CLOSE be worth now?

5 WILLOW CLOSE might now be worth an estimated £197,853.

This is based on house price inflation of 12.4%, between September 2021 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 12.4% inflationary increase is applied to the most recent sale price for 5 WILLOW CLOSE of £176,000 on 15th September 2021. For the value to have increased from £176,000 to £197,853 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 WILLOW CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The September 2021 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WILLOW CLOSE has not materially changed since September 2021.

How Large is 5 WILLOW CLOSE?

5 WILLOW CLOSE is 73m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 5 WILLOW CLOSE lies on this distribution: 21% of detached houses houses are smaller than 5 WILLOW CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Selston.

5 WILLOW CLOSE: Plot and Title Map

5 WILLOW CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 5 WILLOW 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 5 WILLOW 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 5 WILLOW CLOSE?

5 WILLOW CLOSE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 5 on WILLOW CLOSE.