31, REDHILL LODGE DRIVE, REDHILL, NOTTINGHAM, NG5 8JH - £365,000

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.

31 REDHILL LODGE DRIVE is a midsized extended detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £376,006. It was last sold for £365,000 in October 2024, which was around 1% above the average October 2024 detached price in the Gedling local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

31 REDHILL LODGE DRIVE Sold Prices

Land registry data shows three sales for 31 REDHILL LODGE 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. One of the three 31 REDHILL LODGE DRIVE sales was for above the average price, whilst two were for below 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
2024 23 OCT	£365,000	£362,984	1% above HPI
2012 24 SEP	£175,000	£189,483	8% below HPI
2003 7 MAR	£82,500	£166,884	51% below HPI

31 REDHILL LODGE 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 31 REDHILL LODGE DRIVE sales between March 2003 and October 2024 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 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 31 REDHILL LODGE DRIVE be worth now?

31 REDHILL LODGE DRIVE might now be worth an estimated £376,006.

This is based on house price inflation of 3%, between October 2024 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 3% inflationary increase is applied to the most recent sale price for 31 REDHILL LODGE DRIVE of £365,000 on 23rd October 2024. For the value to have increased from £365,000 to £376,006 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 31 REDHILL LODGE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The October 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 31 REDHILL LODGE DRIVE has not materially changed since October 2024.

How Large is 31 REDHILL LODGE DRIVE?

31 REDHILL LODGE DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 31 REDHILL LODGE DRIVE lies on this distribution: 50% of detached houses houses are smaller than 31 REDHILL LODGE DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Arnold.

31 REDHILL LODGE DRIVE: Plot and Title Map

31 REDHILL LODGE DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 31 REDHILL LODGE 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 REDHILL LODGE 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 31 REDHILL LODGE DRIVE?

31 REDHILL LODGE DRIVE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 31 on REDHILL LODGE DRIVE.