23, PATRICIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8EJ - £116,000

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.

23 PATRICIA DRIVE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £228,166. It was last sold for £116,000 in October 2011, which was around 39% below the average October 2011 detached price in the Gedling local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was C.

23 PATRICIA DRIVE Sold Prices

Land registry data shows two sales for 23 PATRICIA 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 Gedling local authority area for the corresponding sale date. Both of the two 23 PATRICIA 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
2011 14 OCT	£116,000	£190,106	39% below HPI
1999 27 JUL	£60,000	£87,640	32% below HPI

23 PATRICIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 23 PATRICIA DRIVE sales from July 1999 and October 2011 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 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 23 PATRICIA DRIVE be worth now?

23 PATRICIA DRIVE might now be worth an estimated £228,166.

This is based on house price inflation of 96.7%, between October 2011 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.7% inflationary increase is applied to the most recent sale price for 23 PATRICIA DRIVE of £116,000 on 14th October 2011. For the value to have increased from £116,000 to £228,166 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 PATRICIA DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The October 2011 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PATRICIA DRIVE has not materially changed since October 2011.

How Large is 23 PATRICIA DRIVE?

23 PATRICIA DRIVE is 63m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 23 PATRICIA DRIVE lies on this distribution: 4% of detached houses houses are smaller than 23 PATRICIA DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Arnold.

23 PATRICIA DRIVE: Plot and Title Map

23 PATRICIA DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 23 PATRICIA 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 PATRICIA 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 PATRICIA DRIVE?

23 PATRICIA DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 23 on PATRICIA DRIVE.