4, PARK DRIVE, SANDIACRE, NOTTINGHAM, NG10 5NB - £295,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 PARK DRIVE is a midsized detached house of 101m², built sometime between 1976 and 1982. It was last sold for £295,000 in September 2023, which was around 6% below the average September 2023 detached price in the Erewash local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

4 PARK DRIVE Sold Prices

Land registry data shows two sales for 4 PARK 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 Erewash local authority area for the corresponding sale date. One of the two 4 PARK DRIVE sales was for below the average price, whilst the other was 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
2023 1 SEP	£295,000	£313,904	6% below HPI
2021 11 OCT	£297,500	£279,714	6% above HPI

4 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 4 PARK DRIVE sales from October 2021 and September 2023 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 October 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 PARK DRIVE?

4 PARK DRIVE is 101m² according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 4 PARK DRIVE lies on this distribution: 51% of detached houses are smaller than 4 PARK DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

4 PARK DRIVE: Plot and Title Map

4 PARK DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 PARK 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 PARK 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 PARK DRIVE?

4 PARK DRIVE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 4 on PARK DRIVE.