18, OLD TANNERY DRIVE, LOWDHAM, NOTTINGHAM, NG14 7PS - £370,000

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

18 OLD TANNERY DRIVE is a large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £370,000 in March 2017, which was around 54% above the average March 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

18 OLD TANNERY DRIVE Sold Prices

Land registry data shows four sales for 18 OLD TANNERY 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 Newark and Sherwood local authority area for the corresponding sale date. All of the four 18 OLD TANNERY DRIVE sales 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
2017 31 MAR	£370,000	£240,522	54% above HPI
2013 13 SEP	£317,500	£204,901	55% above HPI
2011 15 JUN	£315,500	£211,027	50% above HPI
2002 30 AUG	£246,995	£139,971	76% above HPI

18 OLD TANNERY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 18 OLD TANNERY DRIVE sales between August 2002 and March 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 September 2013 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2017 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 18 OLD TANNERY DRIVE?

18 OLD TANNERY DRIVE is 158m² according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 18 OLD TANNERY DRIVE lies on this distribution: 76% of detached houses are smaller than 18 OLD TANNERY DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

18 OLD TANNERY DRIVE: Plot and Title Map

18 OLD TANNERY DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 18 OLD TANNERY 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 OLD TANNERY 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 OLD TANNERY DRIVE?

18 OLD TANNERY DRIVE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 18 on OLD TANNERY DRIVE.