11, GEORGIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8HX - £255,000

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

11 GEORGIA DRIVE is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £255,000 in August 2019, which was around 5% below the average August 2019 detached price in the Gedling local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

11 GEORGIA DRIVE Sold Prices

Land registry data shows three sales for 11 GEORGIA 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 Gedling local authority area for the corresponding sale date. All of the three 11 GEORGIA 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 27 AUG	£255,000	£269,678	5% below HPI
2018 26 JAN	£225,000	£252,221	11% below HPI
1997 5 DEC	£56,000	£79,796	30% below HPI

11 GEORGIA 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 three 11 GEORGIA DRIVE sales between December 1997 and August 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 January 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 GEORGIA DRIVE?

11 GEORGIA DRIVE is 97m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 11 GEORGIA DRIVE lies on this distribution: 34% of detached houses are smaller than 11 GEORGIA DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Arnold.

11 GEORGIA DRIVE: Plot and Title Map

11 GEORGIA DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 11 GEORGIA 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 11 GEORGIA 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 11 GEORGIA DRIVE?

11 GEORGIA DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 11 on GEORGIA DRIVE.