4, VERONICA DRIVE, GILTBROOK, NOTTINGHAM, NG16 2UE - £95,000

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 VERONICA DRIVE is a very small detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £167,908. It was last sold for £95,000 in July 2014, which was around 53% below the average July 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

4 VERONICA DRIVE Sold Prices

Land registry data shows three sales for 4 VERONICA 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 Broxtowe local authority area for the corresponding sale date. All of the three 4 VERONICA 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
2014 1 JUL	£95,000	£201,354	53% below HPI
2011 1 SEP	£99,950	£189,358	47% below HPI
2004 30 JAN	£108,000	£176,762	39% below HPI

4 VERONICA 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 three 4 VERONICA DRIVE sales between January 2004 and July 2014 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 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2014 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 4 VERONICA DRIVE be worth now?

4 VERONICA DRIVE might now be worth an estimated £167,908.

This is based on house price inflation of 76.7%, between July 2014 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 76.7% inflationary increase is applied to the most recent sale price for 4 VERONICA DRIVE of £95,000 on 1st July 2014. For the value to have increased from £95,000 to £167,908 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 4 VERONICA DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2014 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VERONICA DRIVE has not materially changed since July 2014.

How Large is 4 VERONICA DRIVE?

4 VERONICA DRIVE is 61m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 4 VERONICA DRIVE lies on this distribution: 12% of detached houses houses are smaller than 4 VERONICA DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

4 VERONICA DRIVE: Plot and Title Map

4 VERONICA DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 4 VERONICA 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 VERONICA 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 VERONICA DRIVE?

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