22, GRACE DRIVE, NOTTINGHAM, NG8 5AG - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 GRACE DRIVE is a large extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £396,690. It was last sold for £295,000 in March 2020, which was around 20% above the average March 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

22 GRACE DRIVE Sold Prices

Land registry data shows five sales for 22 GRACE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the five 22 GRACE 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
2020 27 MAR	£295,000	£245,936	20% above HPI
2015 11 DEC	£231,500	£198,392	17% above HPI
2010 21 MAY	£200,000	£165,753	21% above HPI
2001 9 NOV	£139,950	£99,974	40% above HPI
1997 27 AUG	£92,000	£72,904	26% above HPI

22 GRACE 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 five 22 GRACE DRIVE sales between August 1997 and March 2020 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 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 22 GRACE DRIVE be worth now?

22 GRACE DRIVE might now be worth an estimated £396,690.

This is based on house price inflation of 34.5%, between March 2020 and July 2025, 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 34.5% inflationary increase is applied to the most recent sale price for 22 GRACE DRIVE of £295,000 on 27th March 2020. For the value to have increased from £295,000 to £396,690 over the four years and eight months to July 2025, the following assumptions must hold true:

• The value of 22 GRACE DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The March 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GRACE DRIVE has not materially changed since March 2020.

How Large is 22 GRACE DRIVE?

22 GRACE DRIVE is 116m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% 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 22 GRACE DRIVE lies on this distribution: 65% of detached houses houses are smaller than 22 GRACE DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

22 GRACE DRIVE: Plot and Title Map

22 GRACE DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 22 GRACE 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 22 GRACE 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 22 GRACE DRIVE?

22 GRACE DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 22 on GRACE DRIVE.