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 JERMYN DRIVE is a large detached house of 121m², built sometime between 1976 and 1982. It was last sold for £203,000 in July 2018, which was around 22% below the average July 2018 detached price in the Gedling local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 40 JERMYN DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 40 JERMYN 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 |
---|---|---|---|
2018 27 JUL | £203,000 | £259,572 | 22% below HPI |
2017 16 AUG | £190,000 | £252,731 | 25% below HPI |
1996 11 OCT | £61,000 | £76,827 | 21% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 40 JERMYN DRIVE sales between October 1996 and July 2018 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 August 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
40 JERMYN DRIVE is 121m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 40 JERMYN DRIVE lies on this distribution: 69% of detached houses are smaller than 40 JERMYN DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
40 JERMYN DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 40 JERMYN 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 JERMYN 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 JERMYN DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 40 on JERMYN DRIVE.