6, STONEY LANE, SELSTON, NOTTINGHAM, NG16 6ET - £263,000

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.

6 STONEY LANE is a large extended detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £355,735. It was last sold for £263,000 in March 2019, which was around 33% above the average March 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

6 STONEY LANE Sold Prices

Land registry data shows three sales for 6 STONEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Two of the three 6 STONEY LANE sales were for above the average price, whilst one was 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
2019 22 MAR	£263,000	£197,573	33% above HPI
2001 18 MAY	£102,500	£70,541	45% above HPI
1998 9 JAN	£56,500	£59,350	5% below HPI

6 STONEY LANE 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 three 6 STONEY LANE sales between January 1998 and March 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 May 2001 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2019 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 6 STONEY LANE be worth now?

6 STONEY LANE might now be worth an estimated £355,735.

This is based on house price inflation of 35.3%, between March 2019 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 35.3% inflationary increase is applied to the most recent sale price for 6 STONEY LANE of £263,000 on 22nd March 2019. For the value to have increased from £263,000 to £355,735 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 6 STONEY LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The March 2019 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 6 STONEY LANE has not materially changed since March 2019.

How Large is 6 STONEY LANE?

6 STONEY LANE is 112m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 40% 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 6 STONEY LANE lies on this distribution: 66% of detached houses houses are smaller than 6 STONEY LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Selston.

6 STONEY LANE: Plot and Title Map

6 STONEY LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 6 STONEY LANE, 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 6 STONEY LANE). 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 6 STONEY LANE?

6 STONEY LANE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 6 on STONEY LANE.