4, GALENA DRIVE, NOTTINGHAM, NG3 6JS - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 GALENA DRIVE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £190,000 in March 2021, which was around 38% below the average March 2021 detached price in the Gedling local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

4 GALENA DRIVE Sold Prices

Land registry data shows three sales for 4 GALENA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 4 GALENA 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
2021 31 MAR	£190,000	£304,185	38% below HPI
2015 10 APR	£135,000	£212,965	37% below HPI
2002 20 MAY	£87,500	£131,378	33% below HPI

4 GALENA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 4 GALENA DRIVE sales between May 2002 and March 2021 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 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 GALENA DRIVE?

4 GALENA DRIVE is 71m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 4 GALENA DRIVE lies on this distribution: 10% of detached houses are smaller than 4 GALENA DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Carlton.

4 GALENA DRIVE: Plot and Title Map

4 GALENA DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 4 GALENA 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 GALENA 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 GALENA DRIVE?

4 GALENA DRIVE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 4 on GALENA DRIVE.