23, PEGSWOOD DRIVE, ARNOLD, NOTTINGHAM, NG5 8TX - £455,000

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 PEGSWOOD DRIVE is a very large extended detached house of 200m², built sometime from 2012 onwards, which could now be worth an estimated £475,581. It was last sold for £455,000 in February 2024, which was around 27% above the average February 2024 detached price in the Gedling local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

23 PEGSWOOD DRIVE Sold Prices

Land registry data shows three sales for 23 PEGSWOOD 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 Gedling local authority area for the corresponding sale date. All of the three 23 PEGSWOOD 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
2024 15 FEB	£455,000	£357,747	27% above HPI
2023 8 DEC	£445,000	£355,626	25% above HPI
2013 22 MAR	£348,500	£186,733	87% above HPI

23 PEGSWOOD 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 three 23 PEGSWOOD DRIVE sales between March 2013 and February 2024 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 2023 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2024 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 23 PEGSWOOD DRIVE be worth now?

23 PEGSWOOD DRIVE might now be worth an estimated £475,581.

This is based on house price inflation of 4.5%, between February 2024 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 4.5% inflationary increase is applied to the most recent sale price for 23 PEGSWOOD DRIVE of £455,000 on 15th February 2024. For the value to have increased from £455,000 to £475,581 over the one year to February 2025, the following assumptions must hold true:

• The value of 23 PEGSWOOD DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2024 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PEGSWOOD DRIVE has not materially changed since February 2024.

How Large is 23 PEGSWOOD DRIVE?

23 PEGSWOOD DRIVE is 200m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 PEGSWOOD DRIVE lies on this distribution: 95% of detached houses houses are smaller than 23 PEGSWOOD DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Arnold.

23 PEGSWOOD DRIVE: Plot and Title Map

23 PEGSWOOD DRIVE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 23 PEGSWOOD 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 PEGSWOOD 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 PEGSWOOD DRIVE?

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