40, THALES DRIVE, ARNOLD, NOTTINGHAM, NG5 7NF - £400,000

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 THALES DRIVE is a midsized detached house of 120m², built sometime between 2003 and 2006. It was last sold for £400,000 in June 2022, which was around 19% above the average June 2022 detached price in the Gedling local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

40 THALES DRIVE Sold Prices

Land registry data shows two sales for 40 THALES 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 Gedling local authority area for the corresponding sale date. Both of the two 40 THALES DRIVE sales were 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
2022 28 JUN	£400,000	£337,125	19% above HPI
2004 26 MAR	£276,000	£177,730	55% above HPI

40 THALES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 40 THALES DRIVE sales from March 2004 and June 2022 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 March 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 40 THALES DRIVE?

40 THALES DRIVE is 120m² according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 40 THALES DRIVE lies on this distribution: 60% of detached houses are smaller than 40 THALES DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Arnold.

40 THALES DRIVE: Plot and Title Map

40 THALES DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 40 THALES 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 THALES 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 40 THALES DRIVE?

40 THALES DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 40 on THALES DRIVE.