35, OAK TREE DRIVE, GEDLING, NOTTINGHAM, NG4 4DA - £322,000

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.

35 OAK TREE DRIVE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £412,489. It was last sold for £322,000 in November 2020, which was around 10% above the average November 2020 detached price in the Gedling local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

35 OAK TREE DRIVE Sold Prices

Land registry data shows four sales for 35 OAK TREE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 35 OAK TREE 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 6 NOV	£322,000	£291,899	10% above HPI
2013 22 FEB	£218,000	£187,178	16% above HPI
2006 21 AUG	£235,000	£201,400	17% above HPI
1998 2 OCT	£96,800	£83,138	16% above HPI

35 OAK TREE 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 four 35 OAK TREE DRIVE sales between October 1998 and November 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 February 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 35 OAK TREE DRIVE be worth now?

35 OAK TREE DRIVE might now be worth an estimated £412,489.

This is based on house price inflation of 28.1%, between November 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 28.1% inflationary increase is applied to the most recent sale price for 35 OAK TREE DRIVE of £322,000 on 6th November 2020. For the value to have increased from £322,000 to £412,489 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 35 OAK TREE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2020 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 35 OAK TREE DRIVE has not materially changed since November 2020.

How Large is 35 OAK TREE DRIVE?

35 OAK TREE DRIVE is 92m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 35 OAK TREE DRIVE lies on this distribution: 38% of detached houses houses are smaller than 35 OAK TREE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Carlton.

35 OAK TREE DRIVE: Plot and Title Map

35 OAK TREE DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 35 OAK TREE 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 35 OAK TREE 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 35 OAK TREE DRIVE?

35 OAK TREE DRIVE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 35 on OAK TREE DRIVE.