1, ASCOT DRIVE, REDHILL, NOTTINGHAM, NG5 8LR - £255,000

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.

1 ASCOT DRIVE is a large extended detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £407,924. It was last sold for £255,000 in August 2016, which was around 9% above the average August 2016 detached price in the Gedling local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

1 ASCOT DRIVE Sold Prices

Land registry data shows four sales for 1 ASCOT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. two of the four 1 ASCOT DRIVE sales were for above the average price, and four 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
2016 1 AUG	£255,000	£233,749	9% above HPI
2014 21 NOV	£226,500	£207,695	9% above HPI
1999 23 JUL	£86,500	£87,640	1% below HPI
1996 30 OCT	£59,841	£77,053	22% below HPI

1 ASCOT 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 four 1 ASCOT DRIVE sales between October 1996 and August 2016 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 November 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2016 sale, which was also at 9% above the HPI.

What might 1 ASCOT DRIVE be worth now?

1 ASCOT DRIVE might now be worth an estimated £407,924.

This is based on house price inflation of 60%, between August 2016 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60% inflationary increase is applied to the most recent sale price for 1 ASCOT DRIVE of £255,000 on 1st August 2016. For the value to have increased from £255,000 to £407,924 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 ASCOT DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ASCOT DRIVE has not materially changed since August 2016.

How Large is 1 ASCOT DRIVE?

1 ASCOT DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 1 ASCOT DRIVE lies on this distribution: 70% of detached houses houses are smaller than 1 ASCOT DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 ASCOT DRIVE: Plot and Title Map

1 ASCOT DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 ASCOT 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 ASCOT 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 ASCOT DRIVE?

1 ASCOT DRIVE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 1 on ASCOT DRIVE.