8, ROWAN DRIVE, SELSTON, NOTTINGHAM, NG16 6GL - £125,000

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.

8 ROWAN DRIVE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £162,984. It was last sold for £125,000 in January 2020, which was around 39% below the average January 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

8 ROWAN DRIVE Sold Prices

Land registry data shows two sales for 8 ROWAN DRIVE 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 8 ROWAN DRIVE 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
2020 28 JAN	£125,000	£204,957	39% below HPI
1995 18 JUL	£36,000	£54,185	34% below HPI

8 ROWAN 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 two 8 ROWAN DRIVE sales from July 1995 and January 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 July 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 8 ROWAN DRIVE be worth now?

8 ROWAN DRIVE might now be worth an estimated £162,984.

This is based on house price inflation of 30.4%, between January 2020 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 30.4% inflationary increase is applied to the most recent sale price for 8 ROWAN DRIVE of £125,000 on 28th January 2020. For the value to have increased from £125,000 to £162,984 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 ROWAN DRIVE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The January 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROWAN DRIVE has not materially changed since January 2020.

How Large is 8 ROWAN DRIVE?

8 ROWAN DRIVE is 56m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 8 ROWAN DRIVE lies on this distribution: 6% of detached houses houses are smaller than 8 ROWAN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Selston.

8 ROWAN DRIVE: Plot and Title Map

8 ROWAN DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 ROWAN 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 8 ROWAN 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 8 ROWAN DRIVE?

8 ROWAN DRIVE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 8 on ROWAN DRIVE.