2, ELGAR DRIVE, LONG EATON, NOTTINGHAM, NG10 3PY - £269,500

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

2 ELGAR DRIVE is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £269,500 in April 2021, which was around 1% above the average April 2021 detached price in the Erewash local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

2 ELGAR DRIVE Sold Prices

Land registry data shows four sales for 2 ELGAR 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 Erewash local authority area for the corresponding sale date. Most of the four 2 ELGAR 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
2021 9 APR	£269,500	£265,845	1% above HPI
2016 12 AUG	£220,500	£210,046	5% above HPI
2009 9 NOV	£151,000	£168,796	11% below HPI
1999 27 OCT	£78,500	£74,205	6% above HPI

2 ELGAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 2 ELGAR DRIVE sales between October 1999 and April 2021 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 August 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 ELGAR DRIVE?

2 ELGAR DRIVE is 89m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Eaton, and where 2 ELGAR DRIVE lies on this distribution: 31% of detached houses are smaller than 2 ELGAR DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

2 ELGAR DRIVE: Plot and Title Map

2 ELGAR DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 ELGAR 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 ELGAR 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 ELGAR DRIVE?

2 ELGAR DRIVE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 2 on ELGAR DRIVE.