2, OAKWOOD DRIVE, NOTTINGHAM, NG8 3LZ - £313,000

2 OAKWOOD DRIVE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £313,000 in October 2021, which was around 6% above the average October 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

2 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 OAKWOOD 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 OAKWOOD 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 20 OCT	£313,000	£294,519	6% above HPI
2001 20 SEP	£93,000	£78,388	19% above HPI

2 OAKWOOD 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 OAKWOOD DRIVE sales from September 2001 and October 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 September 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 OAKWOOD DRIVE?

2 OAKWOOD DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 2 OAKWOOD DRIVE lies on this distribution: 39% of detached houses are smaller than 2 OAKWOOD DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 OAKWOOD DRIVE: Plot and Title Map

2 OAKWOOD DRIVE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 2 OAKWOOD 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 OAKWOOD 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 OAKWOOD DRIVE?

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