1, ACORN DRIVE, GEDLING, NOTTINGHAM, NG4 4AG - £236,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ACORN DRIVE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £236,000 in March 2021, which was around 22% below the average March 2021 detached price in the Gedling local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

1 ACORN DRIVE Sold Prices

Land registry data shows two sales for 1 ACORN 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 Gedling local authority area for the corresponding sale date. Both of the two 1 ACORN 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
2021 5 MAR	£236,000	£304,185	22% below HPI
2012 1 FEB	£149,950	£187,055	20% below HPI

1 ACORN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 1 ACORN DRIVE sales from February 2012 and March 2021 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 February 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 ACORN DRIVE?

1 ACORN DRIVE is 73m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 1 ACORN DRIVE lies on this distribution: 12% of detached houses are smaller than 1 ACORN DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Carlton.

1 ACORN DRIVE: Plot and Title Map

1 ACORN DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 ACORN 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 1 ACORN 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 1 ACORN DRIVE?

1 ACORN DRIVE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 1 on ACORN DRIVE.