49, OAK TREE DRIVE, GEDLING, NOTTINGHAM, NG4 4DA - £255,000

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.

49 OAK TREE DRIVE is a very large extended detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £426,640. It was last sold for £255,000 in October 2015, which was around 14% above the average October 2015 detached price in the Gedling local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was A.

49 OAK TREE DRIVE Sold Prices

Land registry data shows two sales for 49 OAK TREE 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 Gedling local authority area for the corresponding sale date. Both of the two 49 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
2015 26 OCT	£255,000	£223,495	14% above HPI
2006 25 AUG	£223,000	£201,400	11% above HPI

49 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 two 49 OAK TREE DRIVE sales from August 2006 and October 2015 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 August 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 49 OAK TREE DRIVE be worth now?

49 OAK TREE DRIVE might now be worth an estimated £426,640.

This is based on house price inflation of 67.3%, between October 2015 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 67.3% inflationary increase is applied to the most recent sale price for 49 OAK TREE DRIVE of £255,000 on 26th October 2015. For the value to have increased from £255,000 to £426,640 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 49 OAK TREE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The October 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 49 OAK TREE DRIVE has not materially changed since October 2015.

How Large is 49 OAK TREE DRIVE?

49 OAK TREE DRIVE is 139m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% 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 49 OAK TREE DRIVE lies on this distribution: 85% of detached houses houses are smaller than 49 OAK TREE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Carlton.

49 OAK TREE DRIVE: Plot and Title Map

49 OAK TREE DRIVE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 49 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 49 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 49 OAK TREE DRIVE?

49 OAK TREE DRIVE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 49 on OAK TREE DRIVE.