Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
40 DRUMMOND DRIVE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £250,000 in July 2024, which was around 28% below the average July 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 DRUMMOND DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. One of the two 40 DRUMMOND 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 |
---|---|---|---|
2024 26 JUL | £250,000 | £345,163 | 28% below HPI |
2013 24 APR | £192,000 | £186,691 | 3% above HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 40 DRUMMOND DRIVE sales from April 2013 and July 2024 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 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
40 DRUMMOND DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses by size in Nuthall, and where 40 DRUMMOND DRIVE lies on this distribution: 46% of detached houses are smaller than 40 DRUMMOND DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Nuthall.
40 DRUMMOND DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 40 DRUMMOND 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 40 DRUMMOND 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.
40 DRUMMOND DRIVE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 40 on DRUMMOND DRIVE.