16, VERONICA DRIVE, CARLTON, NOTTINGHAM, NG4 3QS - £235,000

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.

16 VERONICA DRIVE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £317,821. It was last sold for £235,000 in January 2020, which was around 15% below the average January 2020 detached price in the Gedling local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

16 VERONICA DRIVE Sold Prices

Land registry data shows two sales for 16 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 16 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
2020 24 JAN	£235,000	£276,487	15% below HPI
1996 29 APR	£68,000	£72,106	6% below HPI

16 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 16 VERONICA DRIVE sales from April 1996 and January 2020 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 April 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 VERONICA DRIVE be worth now?

16 VERONICA DRIVE might now be worth an estimated £317,821.

This is based on house price inflation of 35.2%, between January 2020 and February 2025, 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 35.2% inflationary increase is applied to the most recent sale price for 16 VERONICA DRIVE of £235,000 on 24th January 2020. For the value to have increased from £235,000 to £317,821 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 VERONICA DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The January 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 VERONICA DRIVE has not materially changed since January 2020.

How Large is 16 VERONICA DRIVE?

16 VERONICA DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% 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 16 VERONICA DRIVE lies on this distribution: 60% of detached houses houses are smaller than 16 VERONICA DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Carlton.

16 VERONICA DRIVE: Plot and Title Map

16 VERONICA DRIVE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 16 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 16 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 16 VERONICA DRIVE?

16 VERONICA DRIVE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 16 on VERONICA DRIVE.