42, NEWSTEAD DRIVE, WEST BRIDGFORD, NOTTINGHAM, NG2 6LG - £292,500

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

42 NEWSTEAD DRIVE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £292,500 in January 2022, which was around 35% below the average January 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

42 NEWSTEAD DRIVE Sold Prices

Land registry data shows five sales for 42 NEWSTEAD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 42 NEWSTEAD 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
2022 7 JAN	£292,500	£448,086	35% below HPI
2014 3 NOV	£198,000	£304,928	35% below HPI
2003 18 AUG	£171,500	£235,246	27% below HPI
2001 16 JUL	£111,000	£159,161	30% below HPI
2000 15 SEP	£96,000	£138,873	31% below HPI

42 NEWSTEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 42 NEWSTEAD DRIVE sales between September 2000 and January 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 November 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2022 sale, which was also at 35% below the HPI.

How Large is 42 NEWSTEAD DRIVE?

42 NEWSTEAD DRIVE is 80m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 42 NEWSTEAD DRIVE lies on this distribution: 9% of detached houses are smaller than 42 NEWSTEAD DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

42 NEWSTEAD DRIVE: Plot and Title Map

42 NEWSTEAD DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 42 NEWSTEAD 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 42 NEWSTEAD 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 42 NEWSTEAD DRIVE?

42 NEWSTEAD DRIVE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 42 on NEWSTEAD DRIVE.