48, THALES DRIVE, ARNOLD, NOTTINGHAM, NG5 7NF - £345,000

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

48 THALES DRIVE is a large extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £345,000 in October 2017, which was around 34% above the average October 2017 detached price in the Gedling local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

48 THALES DRIVE Sold Prices

Land registry data shows three sales for 48 THALES 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 48 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
2017 24 OCT	£345,000	£257,459	34% above HPI
2014 31 JAN	£249,950	£196,852	27% above HPI
2004 9 DEC	£240,000	£203,266	18% above HPI

48 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 three 48 THALES DRIVE sales between December 2004 and October 2017 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 January 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2017 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 48 THALES DRIVE?

48 THALES DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 48 THALES DRIVE lies on this distribution: 63% of detached houses are smaller than 48 THALES DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Arnold.

48 THALES DRIVE: Plot and Title Map

48 THALES DRIVE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 48 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 48 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 48 THALES DRIVE?

48 THALES DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 48 on THALES DRIVE.