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 RUSSELL DRIVE is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £199,995 in January 2004, which was around 57% above the average January 2004 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 38 RUSSELL DRIVE since 1st 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. All of the three 38 RUSSELL 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 |
---|---|---|---|
2004 31 JAN | £199,995 | £127,632 | 57% above HPI |
2002 15 MAR | £136,000 | £86,444 | 57% above HPI |
1997 12 AUG | £86,500 | £57,761 | 50% 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 three 38 RUSSELL DRIVE sales between August 1997 and January 2004 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 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the January 2004 sale, which was also at 57% above the HPI.
38 RUSSELL DRIVE is 133m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 38 RUSSELL DRIVE lies on this distribution: 77% of detached houses are smaller than 38 RUSSELL DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
38 RUSSELL DRIVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 38 RUSSELL 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 RUSSELL 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.
38 RUSSELL DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 38 on RUSSELL DRIVE.