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 RANSOM DRIVE is a very large detached house of 166m², built in 2022. It was last sold for £100,000 in January 2021, which was around 63% below the average January 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 2 RANSOM DRIVE since 1st 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 RANSOM DRIVE sales were for below 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 22 JAN | £100,000 | £270,946 | 63% below HPI |
2018 20 DEC | £125,000 | £244,863 | 49% below HPI |
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 RANSOM DRIVE sales from December 2018 and January 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 December 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2021 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.
2 RANSOM DRIVE is 166m² according to the EPC inspection conducted in November 2022. 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 RANSOM DRIVE lies on this distribution: 88% of detached houses are smaller than 2 RANSOM DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
2 RANSOM DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 RANSOM 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 RANSOM 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.
2 RANSOM DRIVE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 2 on RANSOM DRIVE.