48, TROWELL PARK DRIVE, TROWELL, NOTTINGHAM, NG9 3RA - £172,000

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

48 TROWELL PARK DRIVE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £172,000 in November 2014, which was around 16% below the average November 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

48 TROWELL PARK DRIVE Sold Prices

Land registry data shows three sales for 48 TROWELL PARK 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 Broxtowe local authority area for the corresponding sale date. All of the three 48 TROWELL PARK 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
2014 27 NOV	£172,000	£203,622	16% below HPI
2000 30 JUN	£79,950	£91,778	13% below HPI
1996 19 APR	£64,000	£67,670	5% below HPI

48 TROWELL PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 48 TROWELL PARK DRIVE sales between April 1996 and November 2014 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 June 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 48 TROWELL PARK DRIVE?

48 TROWELL PARK DRIVE is 72m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 48 TROWELL PARK DRIVE lies on this distribution: 10% of detached houses are smaller than 48 TROWELL PARK DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Trowell.

48 TROWELL PARK DRIVE: Plot and Title Map

48 TROWELL PARK DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 48 TROWELL 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 48 TROWELL 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 48 TROWELL PARK DRIVE?

48 TROWELL PARK DRIVE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 48 on TROWELL PARK DRIVE.