3, DEREHAM DRIVE, ARNOLD, NOTTINGHAM, NG5 6PS - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 DEREHAM DRIVE is a very large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £365,000 in March 2020, which was around 33% above the average March 2020 detached price in the Gedling local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

3 DEREHAM DRIVE Sold Prices

Land registry data shows two sales for 3 DEREHAM 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 DEREHAM 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 11 MAR	£365,000	£274,391	33% above HPI
2003 30 SEP	£184,000	£174,152	6% above HPI

3 DEREHAM 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 DEREHAM DRIVE sales from September 2003 and March 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 September 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 3 DEREHAM DRIVE?

3 DEREHAM DRIVE is 143m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 3 DEREHAM DRIVE lies on this distribution: 80% of detached houses are smaller than 3 DEREHAM DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Arnold.

3 DEREHAM DRIVE: Plot and Title Map

3 DEREHAM DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 DEREHAM 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 DEREHAM 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 DEREHAM DRIVE?

3 DEREHAM DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 3 on DEREHAM DRIVE.