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
31 JAPONICA DRIVE is a small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £286,000 in August 2023, which was around 13% below the average August 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 31 JAPONICA DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the five 31 JAPONICA 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 |
---|---|---|---|
2023 30 AUG | £286,000 | £330,536 | 13% below HPI |
2021 13 AUG | £234,000 | £284,586 | 18% below HPI |
2009 19 JUN | £174,995 | £118,718 | 47% above HPI |
2004 21 MAY | £177,500 | £131,172 | 35% above HPI |
1997 19 DEC | £77,500 | £56,181 | 38% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The five 31 JAPONICA DRIVE sales between December 1997 and August 2023 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 August 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
31 JAPONICA DRIVE is 81m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 31 JAPONICA DRIVE lies on this distribution: 20% of detached houses are smaller than 31 JAPONICA DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
31 JAPONICA DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 31 JAPONICA 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 31 JAPONICA 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.
31 JAPONICA DRIVE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 31 on JAPONICA DRIVE.