2, BOURNE DRIVE, LANGLEY MILL, NOTTINGHAM, NG16 4BJ - £155,000

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

2 BOURNE DRIVE is a very small detached house of 51m², built sometime between 2003 and 2006. It was last sold for £155,000 in March 2023, which was around 53% below the average March 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

2 BOURNE DRIVE Sold Prices

Land registry data shows three sales for 2 BOURNE 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 Amber Valley local authority area for the corresponding sale date. All of the three 2 BOURNE 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
2023 1 MAR	£155,000	£331,766	53% below HPI
2018 13 DEC	£127,500	£247,498	48% below HPI
2006 12 JAN	£114,950	£183,303	37% below HPI

2 BOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 2 BOURNE DRIVE sales between January 2006 and March 2023 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 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 2 BOURNE DRIVE?

2 BOURNE DRIVE is 51m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 2 BOURNE DRIVE lies on this distribution: 1% of detached houses are smaller than 2 BOURNE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Heanor.

2 BOURNE DRIVE: Plot and Title Map

2 BOURNE DRIVE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 2 BOURNE 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 2 BOURNE 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 2 BOURNE DRIVE?

2 BOURNE DRIVE is located in LANGLEY MILL, in the NG16 postcode district. The below map shows the position of No. 2 on BOURNE DRIVE.