17, GRACE DRIVE, NOTTINGHAM, NG8 5AG - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 GRACE DRIVE is a very small extended detached house of 75m², built sometime between 1991 and 1995. It was last sold for £240,000 in November 2021, which was around 19% below the average November 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

17 GRACE DRIVE Sold Prices

Land registry data shows three sales for 17 GRACE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. One of the three 17 GRACE DRIVE sales was for below the average price, whilst two were for above 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 25 NOV	£240,000	£297,870	19% below HPI
2008 14 JUL	£152,500	£141,474	8% above HPI
1995 28 JUN	£59,500	£52,444	13% above HPI

17 GRACE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 17 GRACE DRIVE sales between June 1995 and November 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 July 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 17 GRACE DRIVE?

17 GRACE DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 17 GRACE DRIVE lies on this distribution: 15% of detached houses are smaller than 17 GRACE DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

17 GRACE DRIVE: Plot and Title Map

17 GRACE DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 17 GRACE 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 GRACE 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 GRACE DRIVE?

17 GRACE DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 17 on GRACE DRIVE.