2, SHERATON DRIVE, NOTTINGHAM, NG8 2PR - £755,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SHERATON DRIVE is a very large detached house of 165m², built sometime between 1950 and 1966. It was last sold for £755,000 in August 2022, which was around 135% above the average August 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

2 SHERATON DRIVE Sold Prices

Land registry data shows three sales for 2 SHERATON 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 City of Nottingham local authority area for the corresponding sale date. All of the three 2 SHERATON 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
2022 10 AUG	£755,000	£321,516	135% above HPI
1997 5 DEC	£164,000	£70,910	131% above HPI
1995 8 NOV	£110,000	£66,348	66% above HPI

2 SHERATON 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 three 2 SHERATON DRIVE sales between November 1995 and August 2022 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 1997 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the August 2022 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

What might 2 SHERATON DRIVE be worth now?

2 SHERATON DRIVE might now be worth an estimated £758,459.

This is based on house price inflation of 0.5%, between August 2022 and December 2024, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 2 SHERATON DRIVE of £755,000 on 10th August 2022. For the value to have increased from £755,000 to £758,459 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 2 SHERATON DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The August 2022 sale price of £755,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHERATON DRIVE has not materially changed since August 2022.

How Large is 2 SHERATON DRIVE?

2 SHERATON DRIVE is 165m² according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 2 SHERATON DRIVE lies on this distribution: 88% of detached houses houses are smaller than 2 SHERATON DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 SHERATON DRIVE: Plot and Title Map

2 SHERATON DRIVE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 2 SHERATON 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 SHERATON 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 SHERATON DRIVE?

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