23, PARK DRIVE, SANDIACRE, NOTTINGHAM, NG10 5NB - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 PARK DRIVE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £160,000 in July 2013, which was around 6% below the average July 2013 detached price in the Erewash local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

23 PARK DRIVE Sold Prices

Land registry data shows two sales for 23 PARK 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 Erewash local authority area for the corresponding sale date. One of the two 23 PARK DRIVE sales was for below the average price, whilst the other was 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
2013 24 JUL	£160,000	£169,877	6% below HPI
1997 10 JUL	£78,000	£64,326	21% above HPI

23 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 23 PARK DRIVE sales from July 1997 and July 2013 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 July 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 23 PARK DRIVE?

23 PARK DRIVE is 59m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 23 PARK DRIVE lies on this distribution: 3% of detached houses are smaller than 23 PARK DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

23 PARK DRIVE: Plot and Title Map

23 PARK DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 23 PARK 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 23 PARK 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 23 PARK DRIVE?

23 PARK DRIVE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 23 on PARK DRIVE.