4, CRANLEIGH DRIVE, LOWDHAM, NOTTINGHAM, NG14 7AF - £355,000

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 CRANLEIGH DRIVE is a large extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £564,890. It was last sold for £355,000 in December 2010, which was around 60% above the average December 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

4 CRANLEIGH DRIVE Sold Prices

Land registry data shows two sales for 4 CRANLEIGH 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 Newark and Sherwood local authority area for the corresponding sale date. Both of the two 4 CRANLEIGH 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
2010 3 DEC	£355,000	£221,207	60% above HPI
2003 1 SEP	£237,500	£175,562	35% above HPI

4 CRANLEIGH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 4 CRANLEIGH DRIVE sales from September 2003 and December 2010 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 September 2003 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2010 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 4 CRANLEIGH DRIVE be worth now?

4 CRANLEIGH DRIVE might now be worth an estimated £564,890.

This is based on house price inflation of 59.1%, between December 2010 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.1% inflationary increase is applied to the most recent sale price for 4 CRANLEIGH DRIVE of £355,000 on 3rd December 2010. For the value to have increased from £355,000 to £564,890 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 CRANLEIGH DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2010 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRANLEIGH DRIVE has not materially changed since December 2010.

How Large is 4 CRANLEIGH DRIVE?

4 CRANLEIGH DRIVE is 133m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 4 CRANLEIGH DRIVE lies on this distribution: 61% of detached houses houses are smaller than 4 CRANLEIGH DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

4 CRANLEIGH DRIVE: Plot and Title Map

4 CRANLEIGH DRIVE sits on a plot of roughly 0.389 of an acre, or 1,574m². The below map shows the location of 4 CRANLEIGH 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 CRANLEIGH 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 CRANLEIGH DRIVE?

4 CRANLEIGH DRIVE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 4 on CRANLEIGH DRIVE.