45, OAK TREE DRIVE, GEDLING, NOTTINGHAM, NG4 4DA - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 OAK TREE DRIVE is a very large extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £643,170. It was last sold for £445,000 in April 2018, which was around 72% above the average April 2018 detached price in the Gedling local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

45 OAK TREE DRIVE Sold Prices

Land registry data shows three sales for 45 OAK TREE 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 Gedling local authority area for the corresponding sale date. All of the three 45 OAK TREE 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
2018 27 APR	£445,000	£258,716	72% above HPI
2012 16 OCT	£213,500	£188,904	13% above HPI
2010 28 APR	£220,000	£191,529	15% above HPI

45 OAK TREE 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 three 45 OAK TREE DRIVE sales between April 2010 and April 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 October 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2018 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 45 OAK TREE DRIVE be worth now?

45 OAK TREE DRIVE might now be worth an estimated £643,170.

This is based on house price inflation of 44.5%, between April 2018 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.5% inflationary increase is applied to the most recent sale price for 45 OAK TREE DRIVE of £445,000 on 27th April 2018. For the value to have increased from £445,000 to £643,170 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 45 OAK TREE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2018 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 45 OAK TREE DRIVE has not materially changed since April 2018.

How Large is 45 OAK TREE DRIVE?

45 OAK TREE DRIVE is 168m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 45 OAK TREE DRIVE lies on this distribution: 94% of detached houses houses are smaller than 45 OAK TREE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Carlton.

45 OAK TREE DRIVE: Plot and Title Map

45 OAK TREE DRIVE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 45 OAK TREE 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 45 OAK TREE 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 45 OAK TREE DRIVE?

45 OAK TREE DRIVE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 45 on OAK TREE DRIVE.