18, GROUVILLE DRIVE, WOODTHORPE, NOTTINGHAM, NG5 4NN - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 GROUVILLE DRIVE is a small detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £390,075. It was last sold for £260,000 in June 2017, which was around 4% above the average June 2017 detached price in the Gedling local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

18 GROUVILLE DRIVE Sold Prices

Land registry data shows three sales for 18 GROUVILLE 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 Gedling local authority area for the corresponding sale date. Two of the three 18 GROUVILLE DRIVE sales were for above the average price, whilst one was 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
2017 2 JUN	£260,000	£249,238	4% above HPI
2011 27 MAY	£194,000	£186,459	4% above HPI
1997 27 JUN	£75,000	£77,390	3% below HPI

18 GROUVILLE 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 three 18 GROUVILLE DRIVE sales between June 1997 and June 2017 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 May 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2017 sale, which was also at 4% above the HPI.

What might 18 GROUVILLE DRIVE be worth now?

18 GROUVILLE DRIVE might now be worth an estimated £390,075.

This is based on house price inflation of 50%, between June 2017 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 50% inflationary increase is applied to the most recent sale price for 18 GROUVILLE DRIVE of £260,000 on 2nd June 2017. For the value to have increased from £260,000 to £390,075 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 18 GROUVILLE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GROUVILLE DRIVE has not materially changed since June 2017.

How Large is 18 GROUVILLE DRIVE?

18 GROUVILLE DRIVE is 103m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% 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 18 GROUVILLE DRIVE lies on this distribution: 40% of detached houses houses are smaller than 18 GROUVILLE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Arnold.

18 GROUVILLE DRIVE: Plot and Title Map

18 GROUVILLE DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 18 GROUVILLE 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 18 GROUVILLE 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 18 GROUVILLE DRIVE?

18 GROUVILLE DRIVE is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 18 on GROUVILLE DRIVE.