3, WREN DRIVE, BESTWOOD VILLAGE, NOTTINGHAM, NG6 8YW - £258,000

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.

3 WREN DRIVE is a midsized detached house of 118m², which could now be worth an estimated £348,927. It was last sold for £258,000 in January 2020, which was around 7% below the average January 2020 detached price in the Gedling local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was B.

3 WREN DRIVE Sold Prices

Land registry data shows three sales for 3 WREN 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 Gedling local authority area for the corresponding sale date. Two of the three 3 WREN DRIVE sales were for below the average price, whilst one 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
2020 24 JAN	£258,000	£276,487	7% below HPI
2015 29 MAY	£192,000	£214,731	11% below HPI
2011 24 NOV	£196,995	£188,357	5% above HPI

3 WREN 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 three 3 WREN DRIVE sales between November 2011 and January 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 WREN DRIVE be worth now?

3 WREN DRIVE might now be worth an estimated £348,927.

This is based on house price inflation of 35.2%, between January 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 35.2% inflationary increase is applied to the most recent sale price for 3 WREN DRIVE of £258,000 on 24th January 2020. For the value to have increased from £258,000 to £348,927 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 WREN DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The January 2020 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WREN DRIVE has not materially changed since January 2020.

How Large is 3 WREN DRIVE?

3 WREN DRIVE is 118m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses houses in Bestwood Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bestwood Village, and where 3 WREN DRIVE lies on this distribution: 49% of detached houses houses are smaller than 3 WREN DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bestwood Village.

3 WREN DRIVE: Plot and Title Map

3 WREN DRIVE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 WREN 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 WREN 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 WREN DRIVE?

3 WREN DRIVE is located in BESTWOOD VILLAGE, in the NG6 postcode district. The below map shows the position of No. 3 on WREN DRIVE.