38, GREENBANK DRIVE, SUTTON-IN-ASHFIELD, NG17 2DY - £175,000

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

38 GREENBANK DRIVE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £175,000 in September 2022, which was around 35% below the average September 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

38 GREENBANK DRIVE Sold Prices

Land registry data shows two sales for 38 GREENBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 38 GREENBANK DRIVE sales 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
2022 27 SEP	£175,000	£270,336	35% below HPI
2017 14 MAR	£125,000	£181,449	31% below HPI

38 GREENBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 38 GREENBANK DRIVE sales from March 2017 and September 2022 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 March 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 38 GREENBANK DRIVE?

38 GREENBANK DRIVE is 83m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton in Ashfield, and where 38 GREENBANK DRIVE lies on this distribution: 29% of detached houses are smaller than 38 GREENBANK DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

38 GREENBANK DRIVE: Plot and Title Map

38 GREENBANK DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 38 GREENBANK 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 GREENBANK 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 GREENBANK DRIVE?

38 GREENBANK DRIVE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 38 on GREENBANK DRIVE.