18, PATRICIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8EH - £230,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 PATRICIA DRIVE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £230,000 in May 2022, which was around 32% below the average May 2022 detached price in the Gedling local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

18 PATRICIA DRIVE Sold Prices

Land registry data shows two sales for 18 PATRICIA 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 18 PATRICIA 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 12 MAY	£230,000	£337,282	32% below HPI
2016 22 JAN	£142,000	£228,817	38% below HPI

18 PATRICIA 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 18 PATRICIA DRIVE sales from January 2016 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 January 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 PATRICIA DRIVE?

18 PATRICIA DRIVE is 75m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 18 PATRICIA DRIVE lies on this distribution: 11% of detached houses are smaller than 18 PATRICIA DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Arnold.

18 PATRICIA DRIVE: Plot and Title Map

18 PATRICIA DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 18 PATRICIA 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 PATRICIA 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 PATRICIA DRIVE?

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