15, VERONICA DRIVE, CARLTON, NOTTINGHAM, NG4 3QS - £165,000

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

15 VERONICA DRIVE is a very small extended detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £239,551. It was last sold for £165,000 in February 2018, which was around 36% below the average February 2018 detached price in the Gedling local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

15 VERONICA DRIVE Sold Prices

Land registry data shows two sales for 15 VERONICA 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 15 VERONICA 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
2018 20 FEB	£165,000	£257,912	36% below HPI
2017 4 OCT	£127,500	£258,214	51% below HPI

15 VERONICA 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 15 VERONICA DRIVE sales from October 2017 and February 2018 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 October 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 15 VERONICA DRIVE be worth now?

15 VERONICA DRIVE might now be worth an estimated £239,551.

This is based on house price inflation of 45.2%, between February 2018 and December 2024, 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 45.2% inflationary increase is applied to the most recent sale price for 15 VERONICA DRIVE of £165,000 on 20th February 2018. For the value to have increased from £165,000 to £239,551 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 15 VERONICA DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 15 VERONICA DRIVE has not materially changed since February 2018.

How Large is 15 VERONICA DRIVE?

15 VERONICA DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 15 VERONICA DRIVE lies on this distribution: 6% of detached houses houses are smaller than 15 VERONICA DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Carlton.

15 VERONICA DRIVE: Plot and Title Map

15 VERONICA DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 VERONICA 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 VERONICA 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 VERONICA DRIVE?

15 VERONICA DRIVE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 15 on VERONICA DRIVE.