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£18,224

2004 Lotus Elise S2 111S

PistonHeads • UK • 14 May 2026

Market Position:

Lowest 10% of Past Sales

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£18,224

2004 Lotus Elise S2 111S

UK • 14 May 2026

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Vehicle Details

AI Listing Summary

This 2004 Lotus Elise 111S is a well-maintained example with just under 50,000 miles, boasting long-term ownership and a comprehensive service history, including a cylinder head rebuild and recent suspension upgrades. It features a desirable K-series VVC engine, Touring pack comforts, and both soft and hard tops, making it a sought-after sports car ready for its next chapter.

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Condition 

7

The car is in overall solid condition with slight wear visible. There are minor stone chips on the nose and rear wheel arches. The interior has black leather seats in excellent condition with minimal bolster wear and grey Alcantara dashboard trim in good condition. The red paintwork is in good overall condition with consistent color across panels, and there are no stress cracks visible on clamshells. The alloys are in good condition. This suggests a rating of Very Good.

/ 10

49,909 miles

WA54 JJK

2004

Auction

Manual

RHD

United Kingdom

£18,224

2004 Lotus Elise S2 111S

PistonHeads • UK • 14 May 2026

Market Position:

Lowest 10% of Past Sales

Track live values and receive listing alerts

Description

Highlights 1796cc K-series VVC with 156bhp Five-speed manual In current ownership for over 17 years Comprehensive service history from new Head gasket and cylinder head rebuilt Recent suspension upgrade Overview The Elise 111S is, for many of us, the distilled essence of what a sports car should be.

Lightness, a responsive chassis, and a naturally aspirated engine that provides beautiful throttle response.

This S2 example pairs the 1796cc K-series VVC unit (producing 156bhp) with the Touring pack's welcome creature comforts, all wrapped in a red body that has aged superbly.

Registered new in October 2004, this car has enjoyed remarkable stability.

It's had just one previous keeper before passing to its current custodian in August 2008, who's looked after it for the best part of 18 years.

That kind of long-term ownership tells you something, doesn't it? Just shy of 50,000 miles have been covered, and the history file backs up the care that's gone in.

Main dealer servicing from Pen...

Price Analysis vs Other Elise S2s

£6,975

Lowest Price (Since 2020)

£32,923

Median Price (Since 2020)

£75,132

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Lowest 10% of Past Sales

Compared to previous sales, the sale price placed this vehicle in the lowest 10% of past sales for the Elise S2.

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Lowest Price

If this vehicle sells at the mid-point of its estimate it will be the lowest price we've seen for the [enter model]

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Average Price

The mid-point of the vehicle's estimate places it near the average price we see for the [enter model]

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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This vehicle is an icon of the game. Any collection would benefit from having one

Previous Elise S2 Sales

MOT Information

Valid

Expires on 14th Jul 2027

Latest MOT mileage:

51,808 miles

MOT History

Passed

On 13th Jul 2026, 51,808 miles


Passed

On 3rd Jul 2025, 49,667 miles


Passed

On 4th Jul 2024, 48,774 miles


Passed

On 6th Jul 2023, 48,161 miles

There were 2 defects noted.

Advisory:
- Nearside Front Shock absorbers has light misting of oil (5.3.2 (b))
- Offside Front Shock absorbers has light misting of oil (5.3.2 (b))

MOT Mileage Trend

Gallery

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Auction House Headquarters

PistonHeads

11-13 Worple Way, Richmond, Greater London, TW10 6DG, England

Located in Richmond, London, PistonHeads is an online auction platform and classifieds site handling performance, sports, and classic cars. They operate timed online auctions and provide vehicle consignment services.

Insurance

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