1, HOLMEWOOD DRIVE, GILTBROOK, NOTTINGHAM, NG16 2UG - £307,500

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 HOLMEWOOD DRIVE is a large detached house of 101m², built sometime between 1983 and 1990. It was last sold for £307,500 in January 2024, which was around 13% below the average January 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

1 HOLMEWOOD DRIVE Sold Prices

Land registry data shows three sales for 1 HOLMEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Two of the three 1 HOLMEWOOD DRIVE sales were for below the average price, whilst one was for above 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
2024 26 JAN	£307,500	£352,107	13% below HPI
2014 6 JUN	£187,500	£197,509	5% below HPI
1997 26 JUN	£79,950	£72,777	10% above HPI

1 HOLMEWOOD 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 three 1 HOLMEWOOD DRIVE sales between June 1997 and January 2024 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 June 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 HOLMEWOOD DRIVE?

1 HOLMEWOOD DRIVE is 101m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% 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 HOLMEWOOD DRIVE lies on this distribution: 64% of detached houses are smaller than 1 HOLMEWOOD DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 HOLMEWOOD DRIVE: Plot and Title Map

1 HOLMEWOOD DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 1 HOLMEWOOD 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 HOLMEWOOD 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 HOLMEWOOD DRIVE?

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