2, PRESTWOOD DRIVE, NOTTINGHAM, NG8 3LY - £320,000

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 PRESTWOOD DRIVE is a very large detached house of 155m². It was last sold for £320,000 in December 2015, which was around 103% above the average December 2015 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

2 PRESTWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 PRESTWOOD 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 PRESTWOOD 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
2015 11 DEC	£320,000	£157,669	103% above HPI
2010 3 SEP	£168,000	£132,624	27% above HPI

2 PRESTWOOD 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 PRESTWOOD DRIVE sales from September 2010 and December 2015 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 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2015 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 2 PRESTWOOD DRIVE?

2 PRESTWOOD DRIVE is 155m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% 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 PRESTWOOD DRIVE lies on this distribution: 86% of detached houses are smaller than 2 PRESTWOOD DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 PRESTWOOD DRIVE: Plot and Title Map

2 PRESTWOOD DRIVE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 2 PRESTWOOD 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 PRESTWOOD 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 PRESTWOOD DRIVE?

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