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

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 VERONICA DRIVE is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £95,000 in July 2014, which was around 52% 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	£199,049	52% below HPI
2011 1 SEP	£99,950	£187,191	47% below HPI
2004 30 JAN	£108,000	£174,739	38% 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 52% below the HPI. The line then continues to track at 52% below the HPI.

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 in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 4 VERONICA DRIVE lies on this distribution: 12% of detached 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.