45, PARK DRIVE, SANDIACRE, NOTTINGHAM, NG10 5NB - £485,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

45 PARK DRIVE is a very large detached house of 134m², built sometime between 2003 and 2006. It was last sold for £485,000 in January 2024, which was around 59% above the average January 2024 detached price in the Erewash local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

45 PARK DRIVE Sold Prices

Land registry data shows two sales for 45 PARK 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 Erewash local authority area for the corresponding sale date. Both of the two 45 PARK 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
2024 19 JAN	£485,000	£304,562	59% above HPI
2005 22 JUL	£310,000	£174,067	78% above HPI

45 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 45 PARK DRIVE sales from July 2005 and January 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 July 2005 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the January 2024 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 45 PARK DRIVE?

45 PARK DRIVE is 134m² according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 45 PARK DRIVE lies on this distribution: 81% of detached houses are smaller than 45 PARK DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

45 PARK DRIVE: Plot and Title Map

45 PARK DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 45 PARK 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 PARK 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 PARK DRIVE?

45 PARK DRIVE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 45 on PARK DRIVE.