4, MAGDALEN DRIVE, EAST BRIDGFORD, NOTTINGHAM, NG13 8NB - £279,950

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 MAGDALEN DRIVE is a very small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £349,813. It was last sold for £279,950 in December 2020, which was around 30% below the average December 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

4 MAGDALEN DRIVE Sold Prices

Land registry data shows four sales for 4 MAGDALEN 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 Rushcliffe local authority area for the corresponding sale date. All of the four 4 MAGDALEN 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 16 DEC	£279,950	£400,334	30% below HPI
2015 26 JUN	£200,000	£312,006	36% below HPI
2007 29 JAN	£210,000	£268,283	22% below HPI
1998 27 MAR	£74,500	£104,840	29% below HPI

4 MAGDALEN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 4 MAGDALEN DRIVE sales between March 1998 and December 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 June 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 MAGDALEN DRIVE be worth now?

4 MAGDALEN DRIVE might now be worth an estimated £349,813.

This is based on house price inflation of 25%, between December 2020 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25% inflationary increase is applied to the most recent sale price for 4 MAGDALEN DRIVE of £279,950 on 16th December 2020. For the value to have increased from £279,950 to £349,813 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MAGDALEN DRIVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 2020 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MAGDALEN DRIVE has not materially changed since December 2020.

How Large is 4 MAGDALEN DRIVE?

4 MAGDALEN DRIVE is 92m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in East Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Bridgford, and where 4 MAGDALEN DRIVE lies on this distribution: 20% of detached houses houses are smaller than 4 MAGDALEN DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in East Bridgford.

4 MAGDALEN DRIVE: Plot and Title Map

4 MAGDALEN DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 4 MAGDALEN 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 MAGDALEN 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 MAGDALEN DRIVE?

4 MAGDALEN DRIVE is located in EAST BRIDGFORD, in the NG13 postcode district. The below map shows the position of No. 4 on MAGDALEN DRIVE.