16, CAIRNGORM DRIVE, ARNOLD, NOTTINGHAM, NG5 9PY - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 CAIRNGORM DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £170,000 in December 2015, which was around 25% below the average December 2015 detached price in the Gedling local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

16 CAIRNGORM DRIVE Sold Prices

Land registry data shows five sales for 16 CAIRNGORM DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the five 16 CAIRNGORM 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
2015 4 DEC	£170,000	£226,972	25% below HPI
2014 3 OCT	£160,000	£208,977	23% below HPI
2007 18 MAY	£165,000	£201,100	18% below HPI
2003 14 JUL	£128,500	£176,619	27% below HPI
2002 7 MAR	£89,000	£128,633	31% below HPI

16 CAIRNGORM 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 five 16 CAIRNGORM DRIVE sales between March 2002 and December 2015 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 CAIRNGORM DRIVE?

16 CAIRNGORM DRIVE is 78m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 16 CAIRNGORM DRIVE lies on this distribution: 18% of detached houses are smaller than 16 CAIRNGORM DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 CAIRNGORM DRIVE: Plot and Title Map

16 CAIRNGORM DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 16 CAIRNGORM 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 16 CAIRNGORM 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 16 CAIRNGORM DRIVE?

16 CAIRNGORM DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 16 on CAIRNGORM DRIVE.