27, NORMAN DRIVE, EASTWOOD, NOTTINGHAM, NG16 3FJ - £177,500

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.

27 NORMAN DRIVE is a midsized extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £244,913. It was last sold for £177,500 in November 2018, which was around 31% below the average November 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

27 NORMAN DRIVE Sold Prices

Land registry data shows three sales for 27 NORMAN 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 Broxtowe local authority area for the corresponding sale date. All of the three 27 NORMAN 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
2018 22 NOV	£177,500	£257,926	31% below HPI
2014 17 JAN	£153,750	£197,235	22% below HPI
2004 30 JAN	£121,000	£176,762	32% below HPI

27 NORMAN 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 three 27 NORMAN DRIVE sales between January 2004 and November 2018 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 January 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 27 NORMAN DRIVE be worth now?

27 NORMAN DRIVE might now be worth an estimated £244,913.

This is based on house price inflation of 38%, between November 2018 and February 2025, 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 38% inflationary increase is applied to the most recent sale price for 27 NORMAN DRIVE of £177,500 on 22nd November 2018. For the value to have increased from £177,500 to £244,913 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 27 NORMAN DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The November 2018 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 27 NORMAN DRIVE has not materially changed since November 2018.

How Large is 27 NORMAN DRIVE?

27 NORMAN DRIVE is 94m², which includes three extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% 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 27 NORMAN DRIVE lies on this distribution: 56% of detached houses houses are smaller than 27 NORMAN DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

27 NORMAN DRIVE: Plot and Title Map

27 NORMAN DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 27 NORMAN 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 27 NORMAN 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 27 NORMAN DRIVE?

27 NORMAN DRIVE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 27 on NORMAN DRIVE.