1, OAK TREE DRIVE, GEDLING, NOTTINGHAM, NG4 4DA - £542,000

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 OAK TREE DRIVE is a very large extended detached house of 168m², built sometime between 1967 and 1975. It was last sold for £542,000 in March 2022, which was around 63% above the average March 2022 detached price in the Gedling local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

1 OAK TREE DRIVE Sold Prices

Land registry data shows four sales for 1 OAK TREE 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. All of the four 1 OAK TREE DRIVE sales were 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
2022 31 MAR	£542,000	£331,760	63% above HPI
2008 18 DEC	£193,000	£183,535	5% above HPI
2008 29 JUL	£246,000	£197,888	24% above HPI
2004 24 FEB	£240,000	£178,377	35% above HPI

1 OAK TREE 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 OAK TREE DRIVE sales between February 2004 and March 2022 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 December 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 1 OAK TREE DRIVE?

1 OAK TREE DRIVE is 168m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 1 OAK TREE DRIVE lies on this distribution: 94% of detached houses are smaller than 1 OAK TREE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Carlton.

1 OAK TREE DRIVE: Plot and Title Map

1 OAK TREE DRIVE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 1 OAK TREE 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 OAK TREE 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 OAK TREE DRIVE?

1 OAK TREE DRIVE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 1 on OAK TREE DRIVE.