2, DISCOVERY DRIVE, NOTTINGHAM, NG8 3QG - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 DISCOVERY DRIVE is a large detached house of 114m², which could now be worth an estimated £357,024. It was last sold for £280,000 in July 2020, which was around 10% above the average July 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

2 DISCOVERY DRIVE Sold Prices

Land registry data shows two sales for 2 DISCOVERY 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 2 DISCOVERY 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
2020 30 JUL	£280,000	£254,077	10% above HPI
2018 13 APR	£280,000	£224,509	25% above HPI

2 DISCOVERY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 2 DISCOVERY DRIVE sales from April 2018 and July 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 April 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 DISCOVERY DRIVE be worth now?

2 DISCOVERY DRIVE might now be worth an estimated £357,024.

This is based on house price inflation of 27.5%, between July 2020 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.5% inflationary increase is applied to the most recent sale price for 2 DISCOVERY DRIVE of £280,000 on 30th July 2020. For the value to have increased from £280,000 to £357,024 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 2 DISCOVERY DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The July 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DISCOVERY DRIVE has not materially changed since July 2020.

How Large is 2 DISCOVERY DRIVE?

2 DISCOVERY DRIVE is 114m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 2 DISCOVERY DRIVE lies on this distribution: 62% of detached houses houses are smaller than 2 DISCOVERY DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 DISCOVERY DRIVE: Plot and Title Map

2 DISCOVERY DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 DISCOVERY 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 DISCOVERY 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 DISCOVERY DRIVE?

2 DISCOVERY DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 2 on DISCOVERY DRIVE.