1A, PATRICIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8EJ - £225,000

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

1A PATRICIA DRIVE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £225,000 in October 2020, which was around 22% below the average October 2020 detached price in the Gedling local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1A PATRICIA DRIVE Sold Prices

Land registry data shows two sales for 1A 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 1A 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
2020 23 OCT	£225,000	£287,215	22% below HPI
2007 18 DEC	£147,000	£211,008	30% below HPI

1A 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 1A PATRICIA DRIVE sales from December 2007 and October 2020 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 December 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1A PATRICIA DRIVE?

1A PATRICIA DRIVE is 68m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 1A PATRICIA DRIVE lies on this distribution: 6% of detached houses are smaller than 1A PATRICIA DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1A PATRICIA DRIVE: Plot and Title Map

1A PATRICIA DRIVE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 1A 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 1A 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 1A PATRICIA DRIVE?

1A PATRICIA DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 1A on PATRICIA DRIVE.