3, PRESTWOOD DRIVE, NOTTINGHAM, NG8 3LY - £257,000

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 PRESTWOOD DRIVE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £257,000 in November 2021, which was around 14% below the average November 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

3 PRESTWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 PRESTWOOD 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 City of Nottingham local authority area for the corresponding sale date. One of the two 3 PRESTWOOD DRIVE sales was for below the average price, whilst the other was 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
2021 30 NOV	£257,000	£297,870	14% below HPI
1995 18 DEC	£60,000	£51,327	17% above HPI

3 PRESTWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 3 PRESTWOOD DRIVE sales from December 1995 and November 2021 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 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 PRESTWOOD DRIVE?

3 PRESTWOOD DRIVE is 68m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 3 PRESTWOOD DRIVE lies on this distribution: 9% of detached houses are smaller than 3 PRESTWOOD DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

3 PRESTWOOD DRIVE: Plot and Title Map

3 PRESTWOOD DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 3 PRESTWOOD 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 PRESTWOOD 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 PRESTWOOD DRIVE?

3 PRESTWOOD DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 3 on PRESTWOOD DRIVE.