38, CHALFONT DRIVE, NOTTINGHAM, NG8 3LT - £181,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 CHALFONT DRIVE is a large extended detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £337,820. It was last sold for £181,500 in May 2005, which was around 4% above the average May 2005 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

38 CHALFONT DRIVE Sold Prices

Land registry data shows three sales for 38 CHALFONT 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 City of Nottingham local authority area for the corresponding sale date. One of the three 38 CHALFONT 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
2005 25 MAY	£181,500	£174,059	4% above HPI
2003 14 NOV	£120,000	£163,511	27% below HPI
2002 26 APR	£99,950	£111,834	11% below HPI

38 CHALFONT 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 three 38 CHALFONT DRIVE sales between April 2002 and May 2005 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 November 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2005 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 38 CHALFONT DRIVE be worth now?

38 CHALFONT DRIVE might now be worth an estimated £337,820.

This is based on house price inflation of 86.1%, between May 2005 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.1% inflationary increase is applied to the most recent sale price for 38 CHALFONT DRIVE of £181,500 on 25th May 2005. For the value to have increased from £181,500 to £337,820 over the twenty years and three months to February 2025, the following assumptions must hold true:

• The value of 38 CHALFONT DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The May 2005 sale price of £181,500 represented a fair market value for the property.
• The size, condition, and specification of 38 CHALFONT DRIVE has not materially changed since May 2005.

How Large is 38 CHALFONT DRIVE?

38 CHALFONT DRIVE is 124m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 38 CHALFONT DRIVE lies on this distribution: 72% of detached houses houses are smaller than 38 CHALFONT DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

38 CHALFONT DRIVE: Plot and Title Map

38 CHALFONT DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 38 CHALFONT 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 38 CHALFONT 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 38 CHALFONT DRIVE?

38 CHALFONT DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 38 on CHALFONT DRIVE.