29, CLOVELLY DRIVE, NOTTINGHAM, NG3 5NJ - £295,000

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.

29 CLOVELLY DRIVE is a midsized detached house of 115m², built sometime from 2007 onwards, which could now be worth an estimated £400,691. It was last sold for £295,000 in February 2020, which was around 7% above the average February 2020 detached price in the Gedling local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

29 CLOVELLY DRIVE Sold Prices

Land registry data shows four sales for 29 CLOVELLY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 29 CLOVELLY 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
2020 7 FEB	£295,000	£275,297	7% above HPI
2014 2 MAY	£235,000	£197,015	19% above HPI
2013 12 NOV	£242,000	£191,565	26% above HPI
2010 12 JUL	£242,000	£189,989	27% above HPI

29 CLOVELLY 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 four 29 CLOVELLY DRIVE sales between July 2010 and February 2020 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 May 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 29 CLOVELLY DRIVE be worth now?

29 CLOVELLY DRIVE might now be worth an estimated £400,691.

This is based on house price inflation of 35.8%, between February 2020 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 35.8% inflationary increase is applied to the most recent sale price for 29 CLOVELLY DRIVE of £295,000 on 7th February 2020. For the value to have increased from £295,000 to £400,691 over the five years to February 2025, the following assumptions must hold true:

• The value of 29 CLOVELLY DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 29 CLOVELLY DRIVE has not materially changed since February 2020.

How Large is 29 CLOVELLY DRIVE?

29 CLOVELLY DRIVE is 115m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% 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 29 CLOVELLY DRIVE lies on this distribution: 54% of detached houses houses are smaller than 29 CLOVELLY DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Arnold.

29 CLOVELLY DRIVE: Plot and Title Map

29 CLOVELLY DRIVE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 29 CLOVELLY 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 29 CLOVELLY 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 29 CLOVELLY DRIVE?

29 CLOVELLY DRIVE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 29 on CLOVELLY DRIVE.