17, GEORGIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8HX - £285,000

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.

17 GEORGIA DRIVE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £316,279. It was last sold for £285,000 in May 2022, which was around 15% below the average May 2022 detached price in the Gedling local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

17 GEORGIA DRIVE Sold Prices

Land registry data shows two sales for 17 GEORGIA 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 17 GEORGIA 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
2022 6 MAY	£285,000	£336,949	15% below HPI
1999 27 AUG	£64,950	£87,349	26% below HPI

17 GEORGIA 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 17 GEORGIA DRIVE sales from August 1999 and May 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 August 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 17 GEORGIA DRIVE be worth now?

17 GEORGIA DRIVE might now be worth an estimated £316,279.

This is based on house price inflation of 11%, between May 2022 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 11% inflationary increase is applied to the most recent sale price for 17 GEORGIA DRIVE of £285,000 on 6th May 2022. For the value to have increased from £285,000 to £316,279 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 17 GEORGIA DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The May 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GEORGIA DRIVE has not materially changed since May 2022.

How Large is 17 GEORGIA DRIVE?

17 GEORGIA DRIVE is 82m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 17 GEORGIA DRIVE lies on this distribution: 17% of detached houses houses are smaller than 17 GEORGIA DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Arnold.

17 GEORGIA DRIVE: Plot and Title Map

17 GEORGIA DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 17 GEORGIA 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 17 GEORGIA 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 17 GEORGIA DRIVE?

17 GEORGIA DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 17 on GEORGIA DRIVE.