10, DRAKEMYRE CLOSE, ARNOLD, NOTTINGHAM, NG5 8DG - £270,000

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

10 DRAKEMYRE CLOSE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2016, which was around 16% above the average July 2016 detached price in the Gedling local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

10 DRAKEMYRE CLOSE Sold Prices

Land registry data shows three sales for 10 DRAKEMYRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 10 DRAKEMYRE CLOSE 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
2016 1 JUL	£270,000	£232,091	16% above HPI
2015 16 JAN	£255,000	£207,332	23% above HPI
1995 21 AUG	£108,500	£74,738	45% above HPI

10 DRAKEMYRE CLOSE 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 three 10 DRAKEMYRE CLOSE sales between August 1995 and July 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 January 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 10 DRAKEMYRE CLOSE?

10 DRAKEMYRE CLOSE is 123m² according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 10 DRAKEMYRE CLOSE lies on this distribution: 63% of detached houses are smaller than 10 DRAKEMYRE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Arnold.

10 DRAKEMYRE CLOSE: Plot and Title Map

10 DRAKEMYRE CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 10 DRAKEMYRE CLOSE, 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 10 DRAKEMYRE CLOSE). 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 10 DRAKEMYRE CLOSE?

10 DRAKEMYRE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 10 on DRAKEMYRE CLOSE.