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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ASCOT DRIVE is a large extended detached house of 130m², built sometime between 1976 and 1982. 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	£233,065	9% above HPI
2014 21 NOV	£226,500	£207,088	9% above HPI
1999 23 JUL	£86,500	£87,383	1% below HPI
1996 30 OCT	£59,841	£76,827	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.

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 in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 1 ASCOT DRIVE lies on this distribution: 70% of detached 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.