2, OLD TANNERY DRIVE, LOWDHAM, NOTTINGHAM, NG14 7PS - £410,000

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

2 OLD TANNERY DRIVE is a very large detached house of 242m², built sometime between 1996 and 2002. It was last sold for £410,000 in June 2010, which was around 104% above the average June 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

2 OLD TANNERY DRIVE Sold Prices

Land registry data shows three sales for 2 OLD TANNERY 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 OLD TANNERY 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
2010 2 JUN	£410,000	£200,785	104% above HPI
2003 4 SEP	£415,000	£168,645	146% above HPI
2002 28 NOV	£379,995	£147,399	158% above HPI

2 OLD TANNERY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 2 OLD TANNERY DRIVE sales between November 2002 and June 2010 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 2003 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the June 2010 sale, where it falls to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is 2 OLD TANNERY DRIVE?

2 OLD TANNERY DRIVE is 242m² according to the EPC inspection conducted in December 2009. This puts it in the largest 10% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 2 OLD TANNERY DRIVE lies on this distribution: 95% of detached houses are smaller than 2 OLD TANNERY DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

2 OLD TANNERY DRIVE: Plot and Title Map

2 OLD TANNERY DRIVE sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 2 OLD TANNERY 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 OLD TANNERY 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 OLD TANNERY DRIVE?

2 OLD TANNERY DRIVE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 2 on OLD TANNERY DRIVE.