48, PENHALE DRIVE, HUCKNALL, NOTTINGHAM, NG15 6FH - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 PENHALE DRIVE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £265,000 in August 2023, which was around 1% above the average August 2023 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

48 PENHALE DRIVE Sold Prices

Land registry data shows three sales for 48 PENHALE 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 Ashfield local authority area for the corresponding sale date. The three 48 PENHALE DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 29 AUG	£265,000	£261,983	1% above HPI
2016 23 SEP	£168,000	£183,562	8% below HPI
2010 29 APR	£150,000	£150,429	Close to HPI

48 PENHALE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 48 PENHALE DRIVE sales between April 2010 and August 2023 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 September 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 48 PENHALE DRIVE be worth now?

48 PENHALE DRIVE might now be worth an estimated £274,780.

This is based on house price inflation of 3.7%, between August 2023 and December 2024, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 48 PENHALE DRIVE of £265,000 on 29th August 2023. For the value to have increased from £265,000 to £274,780 over the eight months to December 2024, the following assumptions must hold true:

• The value of 48 PENHALE DRIVE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The August 2023 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PENHALE DRIVE has not materially changed since August 2023.

How Large is 48 PENHALE DRIVE?

48 PENHALE DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hucknall, and where 48 PENHALE DRIVE lies on this distribution: 23% of detached houses houses are smaller than 48 PENHALE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

48 PENHALE DRIVE: Plot and Title Map

48 PENHALE DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 48 PENHALE 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 48 PENHALE 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 48 PENHALE DRIVE?

48 PENHALE DRIVE is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 48 on PENHALE DRIVE.