12, OLD TANNERY DRIVE, LOWDHAM, NOTTINGHAM, NG14 7PS - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 OLD TANNERY DRIVE is a very large extended detached house of 198m², built sometime between 1996 and 2002, which could now be worth an estimated £535,449. It was last sold for £540,000 in November 2024, which was around 52% above the average November 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

12 OLD TANNERY DRIVE Sold Prices

Land registry data shows four sales for 12 OLD TANNERY 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 Newark and Sherwood local authority area for the corresponding sale date. All of the four 12 OLD TANNERY 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
2024 7 NOV	£540,000	£354,985	52% above HPI
2012 12 APR	£330,000	£206,962	59% above HPI
2006 28 JUN	£350,000	£215,727	62% above HPI
2002 28 JUN	£316,995	£129,733	144% above HPI

12 OLD TANNERY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 12 OLD TANNERY DRIVE sales between June 2002 and November 2024 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 April 2012 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the November 2024 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 12 OLD TANNERY DRIVE be worth now?

12 OLD TANNERY DRIVE might now be worth an estimated £535,449.

This is based on house price deflation of 0.8%, between November 2024 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 12 OLD TANNERY DRIVE of £540,000 on 7th November 2024. For the value to have decreased from £540,000 to £535,449 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 12 OLD TANNERY DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OLD TANNERY DRIVE has not materially changed since November 2024.

How Large is 12 OLD TANNERY DRIVE?

12 OLD TANNERY DRIVE is 198m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 12 OLD TANNERY DRIVE lies on this distribution: 87% of detached houses houses are smaller than 12 OLD TANNERY DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

12 OLD TANNERY DRIVE: Plot and Title Map

12 OLD TANNERY DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 12 OLD TANNERY 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 12 OLD TANNERY 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 12 OLD TANNERY DRIVE?

12 OLD TANNERY DRIVE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 12 on OLD TANNERY DRIVE.