A high conversion light water reactor lattice has been analysed using the code DRAGON Version4. This analysis was performed to test the performance of the advanced self-shielding models incorporated in DRAGON Version4. The self-shielding models are broadly classified into two groups – “equivalence in dilution” and “subgroup approach”. Under the “equivalence in dilution” approach we have analysed the generalized Stamm’ler model with and without Nordheim model and Riemann integration. These models have been analysed also using the Livolant–Jeanpierre normalization. Under the “subgroup approach”, we have analysed Statistical self-shielding model based on physical probability tables and Ribon extended self-shielding model based on mathematical probability tables. This analysis will help in understanding the performance of advanced self-shielding models for a lattice that is tight and has a large fraction of fissions happening in the resonance region. The nuclear data for the analysis was generated in-house. NJOY99.90 was used for generating libraries in DRAGLIB format for analysis using DRAGON and A Compact ENDF libraries for analysis using MCNP5. The evaluated datafiles were chosen based on the recommendations of the IAEA Co-ordinated Research Project on the WIMS Library Update Project. The reference solution for the problem was obtained using Monte Carlo code MCNP5. It was found that the Ribon extended self-shielding model based on mathematical probability tables using correlation model performed better than all other models.