19, MONSELL DRIVE, REDHILL, NOTTINGHAM, NG5 8LY - £322,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 MONSELL DRIVE is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £322,500 in April 2024, which was around 10% below the average April 2024 detached price in the Gedling local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

19 MONSELL DRIVE Sold Prices

Land registry data shows four sales for 19 MONSELL 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 Gedling local authority area for the corresponding sale date. Most of the four 19 MONSELL 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
2024 19 APR	£322,500	£356,773	10% below HPI
2015 26 JUN	£245,000	£213,952	15% above HPI
2007 27 APR	£200,000	£202,693	1% below HPI
1997 2 MAY	£75,000	£78,182	4% below HPI

19 MONSELL 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 four 19 MONSELL DRIVE sales between May 1997 and April 2024 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 June 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 19 MONSELL DRIVE?

19 MONSELL DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 19 MONSELL DRIVE lies on this distribution: 63% of detached houses are smaller than 19 MONSELL DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Arnold.

19 MONSELL DRIVE: Plot and Title Map

19 MONSELL DRIVE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 19 MONSELL 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 19 MONSELL 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 19 MONSELL DRIVE?

19 MONSELL DRIVE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 19 on MONSELL DRIVE.