11, THALES DRIVE, ARNOLD, NOTTINGHAM, NG5 7NF - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 THALES DRIVE is a midsized detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £451,530. It was last sold for £275,000 in February 2016, which was around 21% above the average February 2016 detached price in the Gedling local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

11 THALES DRIVE Sold Prices

Land registry data shows two sales for 11 THALES 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 THALES 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
2016 2 FEB	£275,000	£227,738	21% above HPI
2004 10 DEC	£280,000	£203,862	37% above HPI

11 THALES 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 THALES DRIVE sales from December 2004 and February 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 December 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 11 THALES DRIVE be worth now?

11 THALES DRIVE might now be worth an estimated £451,530.

This is based on house price inflation of 64.2%, between February 2016 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.2% inflationary increase is applied to the most recent sale price for 11 THALES DRIVE of £275,000 on 2nd February 2016. For the value to have increased from £275,000 to £451,530 over the nine years to February 2025, the following assumptions must hold true:

• The value of 11 THALES DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THALES DRIVE has not materially changed since February 2016.

How Large is 11 THALES DRIVE?

11 THALES DRIVE is 115m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 11 THALES DRIVE lies on this distribution: 54% of detached houses houses are smaller than 11 THALES DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Arnold.

11 THALES DRIVE: Plot and Title Map

11 THALES DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 11 THALES 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 THALES 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 THALES DRIVE?

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