1, FAIRDALE DRIVE, NEWTHORPE, NOTTINGHAM, NG16 2FG - £195,000

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 FAIRDALE DRIVE is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £195,000 in September 2020, which was around 29% below the average September 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 FAIRDALE DRIVE Sold Prices

Land registry data shows two sales for 1 FAIRDALE 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 Broxtowe local authority area for the corresponding sale date. Both of the two 1 FAIRDALE 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
2020 4 SEP	£195,000	£274,267	29% below HPI
2003 28 NOV	£138,000	£170,240	19% below HPI

1 FAIRDALE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 1 FAIRDALE DRIVE sales from November 2003 and September 2020 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 FAIRDALE DRIVE?

1 FAIRDALE DRIVE is 60m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 1 FAIRDALE DRIVE lies on this distribution: 11% of detached houses are smaller than 1 FAIRDALE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 FAIRDALE DRIVE: Plot and Title Map

1 FAIRDALE DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 1 FAIRDALE 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 FAIRDALE 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 FAIRDALE DRIVE?

1 FAIRDALE DRIVE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 1 on FAIRDALE DRIVE.