16, LUDGATE DRIVE, EAST BRIDGFORD, NOTTINGHAM, NG13 8NW - £355,000

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 LUDGATE DRIVE is a small extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £355,000 in February 2021, which was around 14% below the average February 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

16 LUDGATE DRIVE Sold Prices

Land registry data shows four sales for 16 LUDGATE 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 Rushcliffe local authority area for the corresponding sale date. All of the four 16 LUDGATE 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
2021 2 FEB	£355,000	£411,815	14% below HPI
2017 12 OCT	£345,000	£359,660	4% below HPI
2005 30 NOV	£249,000	£260,601	4% below HPI
1999 31 AUG	£87,950	£116,370	24% below HPI

16 LUDGATE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 16 LUDGATE DRIVE sales between August 1999 and February 2021 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 LUDGATE DRIVE?

16 LUDGATE DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in East Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in East Bridgford, and where 16 LUDGATE DRIVE lies on this distribution: 33% of detached houses are smaller than 16 LUDGATE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in East Bridgford.

16 LUDGATE DRIVE: Plot and Title Map

16 LUDGATE DRIVE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 16 LUDGATE 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 LUDGATE 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 LUDGATE DRIVE?

16 LUDGATE DRIVE is located in EAST BRIDGFORD, in the NG13 postcode district. The below map shows the position of No. 16 on LUDGATE DRIVE.