12, REDBRIDGE DRIVE, NUTHALL, NOTTINGHAM, NG16 1QP - £245,000

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

12 REDBRIDGE DRIVE is a very large extended detached house of 157m², built sometime between 1991 and 1995. It was last sold for £245,000 in September 2003, which was around 40% above the average September 2003 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

12 REDBRIDGE DRIVE Sold Prices

Land registry data shows two sales for 12 REDBRIDGE 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 Broxtowe local authority area for the corresponding sale date. Both of the two 12 REDBRIDGE 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
2003 19 SEP	£245,000	£174,939	40% above HPI
1995 31 AUG	£104,750	£70,708	48% above HPI

12 REDBRIDGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 12 REDBRIDGE DRIVE sales from August 1995 and September 2003 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 August 1995 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2003 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 12 REDBRIDGE DRIVE be worth now?

12 REDBRIDGE DRIVE might now be worth an estimated £491,549.

This is based on house price inflation of 100.6%, between September 2003 and December 2024, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.6% inflationary increase is applied to the most recent sale price for 12 REDBRIDGE DRIVE of £245,000 on 19th September 2003. For the value to have increased from £245,000 to £491,549 over the twenty years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 REDBRIDGE DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2003 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 REDBRIDGE DRIVE has not materially changed since September 2003.

How Large is 12 REDBRIDGE DRIVE?

12 REDBRIDGE DRIVE is 157m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nuthall, and where 12 REDBRIDGE DRIVE lies on this distribution: 86% of detached houses houses are smaller than 12 REDBRIDGE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Nuthall.

12 REDBRIDGE DRIVE: Plot and Title Map

12 REDBRIDGE DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 12 REDBRIDGE 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 REDBRIDGE 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 REDBRIDGE DRIVE?

12 REDBRIDGE DRIVE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 12 on REDBRIDGE DRIVE.