15, OLD TANNERY DRIVE, LOWDHAM, NOTTINGHAM, NG14 7PS - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 OLD TANNERY DRIVE is a midsized detached house of 125m², built sometime between 2003 and 2006. It was last sold for £430,000 in October 2022, which was around 29% above the average October 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

15 OLD TANNERY DRIVE Sold Prices

Land registry data shows four sales for 15 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 15 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
2022 21 OCT	£430,000	£334,226	29% above HPI
2021 19 MAR	£405,000	£289,565	40% above HPI
2009 7 AUG	£265,000	£198,932	33% above HPI
2002 27 MAR	£175,000	£108,754	61% above HPI

15 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 15 OLD TANNERY DRIVE sales between March 2002 and October 2022 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 March 2021 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 15 OLD TANNERY DRIVE?

15 OLD TANNERY DRIVE is 125m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 15 OLD TANNERY DRIVE lies on this distribution: 54% of detached houses are smaller than 15 OLD TANNERY DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

15 OLD TANNERY DRIVE: Plot and Title Map

15 OLD TANNERY DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 15 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 15 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 15 OLD TANNERY DRIVE?

15 OLD TANNERY DRIVE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 15 on OLD TANNERY DRIVE.