1, CREMORNE DRIVE, NOTTINGHAM, NG2 1JW - £230,000

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 CREMORNE DRIVE is a large extended detached house of 119m², built sometime from 2007 onwards. It was last sold for £230,000 in December 2019, which was around 7% below the average December 2019 detached price in the City of Nottingham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

1 CREMORNE DRIVE Sold Prices

Land registry data shows two sales for 1 CREMORNE 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 1 CREMORNE 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
2019 5 DEC	£230,000	£248,532	7% below HPI
2015 22 MAY	£85,000	£145,666	42% below HPI

1 CREMORNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 1 CREMORNE DRIVE sales from May 2015 and December 2019 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 May 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 CREMORNE DRIVE?

1 CREMORNE DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 1 CREMORNE DRIVE lies on this distribution: 68% of detached houses are smaller than 1 CREMORNE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 CREMORNE DRIVE: Plot and Title Map

1 CREMORNE DRIVE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 1 CREMORNE 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 CREMORNE 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 CREMORNE DRIVE?

1 CREMORNE DRIVE is located in NOTTINGHAM, in the NG2 postcode district. The below map shows the position of No. 1 on CREMORNE DRIVE.