8, SHELBY CLOSE, LENTON, NOTTINGHAM, NG7 2FL - £110,000

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 SHELBY CLOSE is a very small extended semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £165,086. It was last sold for £110,000 in July 2018, which was around 25% below the average July 2018 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

8 SHELBY CLOSE Sold Prices

Land registry data shows four sales for 8 SHELBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. Two of the four 8 SHELBY CLOSE sales were for below the average price, whilst one was 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
2018 25 JUL	£110,000	£146,773	25% below HPI
2008 30 MAY	£89,000	£113,623	22% below HPI
2000 2 NOV	£49,500	£49,706	Close to HPI
1996 22 NOV	£45,750	£40,406	13% above HPI

8 SHELBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 8 SHELBY CLOSE sales between November 1996 and July 2018 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 SHELBY CLOSE be worth now?

8 SHELBY CLOSE might now be worth an estimated £165,086.

This is based on house price inflation of 50.1%, between July 2018 and July 2025, for semi-detached 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 50.1% inflationary increase is applied to the most recent sale price for 8 SHELBY CLOSE of £110,000 on 25th July 2018. For the value to have increased from £110,000 to £165,086 over the seven years to July 2025, the following assumptions must hold true:

• The value of 8 SHELBY CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The July 2018 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHELBY CLOSE has not materially changed since July 2018.

How Large is 8 SHELBY CLOSE?

8 SHELBY CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 8 SHELBY CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 8 SHELBY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 SHELBY CLOSE: Plot and Title Map

8 SHELBY CLOSE sits on a plot of roughly 2.3 acres, or 9,446m². The below map shows the location of 8 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 8 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 8 SHELBY CLOSE?

8 SHELBY CLOSE is located in LENTON, in the NG7 postcode district. The below map shows the position of No. 8 on SHELBY CLOSE.