24, VALLEY DRIVE, NEWTHORPE, NOTTINGHAM, NG16 2DT - £230,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

24 VALLEY DRIVE is a large extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £230,000 in January 2019, which was around 9% below the average January 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

24 VALLEY DRIVE Sold Prices

Land registry data shows two sales for 24 VALLEY 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 VALLEY 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 17 JAN	£230,000	£254,023	9% below HPI
2012 21 DEC	£105,000	£189,815	45% below HPI

24 VALLEY 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 VALLEY DRIVE sales from December 2012 and January 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 December 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 24 VALLEY DRIVE?

24 VALLEY DRIVE is 107m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 24 VALLEY DRIVE lies on this distribution: 70% of detached houses are smaller than 24 VALLEY DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

24 VALLEY DRIVE: Plot and Title Map

24 VALLEY DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 24 VALLEY 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 VALLEY 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 VALLEY DRIVE?

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