3, BRAEMAR DRIVE, GEDLING, NOTTINGHAM, NG4 2RB - £410,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BRAEMAR DRIVE is a midsized extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £410,000 in March 2022, which was around 24% above the average March 2022 detached price in the Gedling local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 BRAEMAR DRIVE Sold Prices

Land registry data shows two sales for 3 BRAEMAR 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 Gedling local authority area for the corresponding sale date. Both of the two 3 BRAEMAR 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
2022 31 MAR	£410,000	£331,760	24% above HPI
2019 29 MAR	£315,000	£265,267	19% above HPI

3 BRAEMAR 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 two 3 BRAEMAR DRIVE sales from March 2019 and March 2022 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 2019 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 BRAEMAR DRIVE?

3 BRAEMAR DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 3 BRAEMAR DRIVE lies on this distribution: 49% of detached houses are smaller than 3 BRAEMAR DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Carlton.

3 BRAEMAR DRIVE: Plot and Title Map

3 BRAEMAR DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 BRAEMAR 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 3 BRAEMAR 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 3 BRAEMAR DRIVE?

3 BRAEMAR DRIVE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 3 on BRAEMAR DRIVE.