11, MONSELL DRIVE, REDHILL, NOTTINGHAM, NG5 8LY - £185,000

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 MONSELL DRIVE is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £185,000 in May 2015, which was around 14% below the average May 2015 detached price in the Gedling local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

11 MONSELL DRIVE Sold Prices

Land registry data shows two sales for 11 MONSELL 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 Gedling local authority area for the corresponding sale date. Both of the two 11 MONSELL 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
2015 26 MAY	£185,000	£214,104	14% below HPI
2004 15 OCT	£185,000	£199,725	7% below HPI

11 MONSELL 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 two 11 MONSELL DRIVE sales from October 2004 and May 2015 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 October 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 11 MONSELL DRIVE?

11 MONSELL DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 MONSELL DRIVE lies on this distribution: 57% of detached houses are smaller than 11 MONSELL DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Arnold.

11 MONSELL DRIVE: Plot and Title Map

11 MONSELL DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 11 MONSELL 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 MONSELL 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 MONSELL DRIVE?

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