24, THORN DRIVE, NEWTHORPE, NOTTINGHAM, NG16 2BE - £177,500

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

24 THORN DRIVE is a small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £234,819. It was last sold for £177,500 in September 2019, which was around 33% below the average September 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

24 THORN DRIVE Sold Prices

Land registry data shows two sales for 24 THORN 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 Broxtowe local authority area for the corresponding sale date. Both of the two 24 THORN 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
2019 12 SEP	£177,500	£265,309	33% below HPI
1999 30 MAR	£28,000	£80,574	65% below HPI

24 THORN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 24 THORN DRIVE sales from March 1999 and September 2019 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 March 1999 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the September 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 24 THORN DRIVE be worth now?

24 THORN DRIVE might now be worth an estimated £234,819.

This is based on house price inflation of 32.3%, between September 2019 and December 2024, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 24 THORN DRIVE of £177,500 on 12th September 2019. For the value to have increased from £177,500 to £234,819 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 24 THORN DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2019 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 24 THORN DRIVE has not materially changed since September 2019.

How Large is 24 THORN DRIVE?

24 THORN DRIVE is 69m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 24 THORN DRIVE lies on this distribution: 20% of detached houses houses are smaller than 24 THORN DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

24 THORN DRIVE: Plot and Title Map

24 THORN DRIVE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 24 THORN 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 24 THORN 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 24 THORN DRIVE?

24 THORN DRIVE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 24 on THORN DRIVE.