15, NORMAN DRIVE, EASTWOOD, NOTTINGHAM, NG16 3FJ - £97,000

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.

15 NORMAN DRIVE is a very small detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £183,016. It was last sold for £97,000 in December 2011, which was around 49% below the average December 2011 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

15 NORMAN DRIVE Sold Prices

Land registry data shows four sales for 15 NORMAN 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 Broxtowe local authority area for the corresponding sale date. All of the four 15 NORMAN 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
2011 20 DEC	£97,000	£188,621	49% below HPI
2002 28 MAY	£68,000	£125,807	46% below HPI
2000 28 JUN	£50,000	£92,841	46% below HPI
1996 19 JUL	£37,500	£68,447	45% below HPI

15 NORMAN 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 four 15 NORMAN DRIVE sales between July 1996 and December 2011 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 May 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2011 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 15 NORMAN DRIVE be worth now?

15 NORMAN DRIVE might now be worth an estimated £183,016.

This is based on house price inflation of 88.7%, between December 2011 and February 2025, 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 88.7% inflationary increase is applied to the most recent sale price for 15 NORMAN DRIVE of £97,000 on 20th December 2011. For the value to have increased from £97,000 to £183,016 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 NORMAN DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The December 2011 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NORMAN DRIVE has not materially changed since December 2011.

How Large is 15 NORMAN DRIVE?

15 NORMAN DRIVE is 59m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 15 NORMAN DRIVE lies on this distribution: 9% of detached houses houses are smaller than 15 NORMAN DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

15 NORMAN DRIVE: Plot and Title Map

15 NORMAN DRIVE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 15 NORMAN 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 15 NORMAN 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 15 NORMAN DRIVE?

15 NORMAN DRIVE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 15 on NORMAN DRIVE.