4, CHAPTER DRIVE, KIMBERLEY, NOTTINGHAM, NG16 2QD - £264,950

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.

4 CHAPTER DRIVE is a large extended detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £339,860. It was last sold for £264,950 in September 2020, which was around 5% below the average September 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

4 CHAPTER DRIVE Sold Prices

Land registry data shows four sales for 4 CHAPTER 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 Broxtowe local authority area for the corresponding sale date. All of the four 4 CHAPTER 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
2020 11 SEP	£264,950	£277,442	5% below HPI
2005 7 APR	£147,000	£190,095	23% below HPI
2001 16 MAR	£78,000	£101,879	23% below HPI
2000 18 FEB	£74,950	£87,859	15% below HPI

4 CHAPTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 4 CHAPTER DRIVE sales between February 2000 and September 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 April 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 CHAPTER DRIVE be worth now?

4 CHAPTER DRIVE might now be worth an estimated £339,860.

This is based on house price inflation of 28.3%, between September 2020 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 4 CHAPTER DRIVE of £264,950 on 11th September 2020. For the value to have increased from £264,950 to £339,860 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 CHAPTER DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2020 sale price of £264,950 represented a fair market value for the property.
• The size, condition, and specification of 4 CHAPTER DRIVE has not materially changed since September 2020.

How Large is 4 CHAPTER DRIVE?

4 CHAPTER DRIVE is 111m², which includes four extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimberley, and where 4 CHAPTER DRIVE lies on this distribution: 66% of detached houses houses are smaller than 4 CHAPTER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

4 CHAPTER DRIVE: Plot and Title Map

4 CHAPTER DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 4 CHAPTER 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 4 CHAPTER 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 4 CHAPTER DRIVE?

4 CHAPTER DRIVE is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 4 on CHAPTER DRIVE.