38, TEMPLEOAK DRIVE, NOTTINGHAM, NG8 2SE - £301,500

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 TEMPLEOAK DRIVE is a large extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £436,017. It was last sold for £301,500 in September 2017, which was around 35% above the average September 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

38 TEMPLEOAK DRIVE Sold Prices

Land registry data shows two sales for 38 TEMPLEOAK 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 38 TEMPLEOAK 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
2017 18 SEP	£301,500	£224,021	35% above HPI
1999 28 JAN	£114,000	£73,759	55% above HPI

38 TEMPLEOAK 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 two 38 TEMPLEOAK DRIVE sales from January 1999 and September 2017 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 January 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 38 TEMPLEOAK DRIVE be worth now?

38 TEMPLEOAK DRIVE might now be worth an estimated £436,017.

This is based on house price inflation of 44.6%, between September 2017 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 44.6% inflationary increase is applied to the most recent sale price for 38 TEMPLEOAK DRIVE of £301,500 on 18th September 2017. For the value to have increased from £301,500 to £436,017 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 TEMPLEOAK DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2017 sale price of £301,500 represented a fair market value for the property.
• The size, condition, and specification of 38 TEMPLEOAK DRIVE has not materially changed since September 2017.

How Large is 38 TEMPLEOAK DRIVE?

38 TEMPLEOAK DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 TEMPLEOAK DRIVE lies on this distribution: 70% of detached houses houses are smaller than 38 TEMPLEOAK DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

38 TEMPLEOAK DRIVE: Plot and Title Map

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

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