49, PATRICIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8EJ - £225,000

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

49 PATRICIA DRIVE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2019, which was around 16% below the average July 2019 detached price in the Gedling local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

49 PATRICIA DRIVE Sold Prices

Land registry data shows two sales for 49 PATRICIA 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 PATRICIA 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
2019 30 JUL	£225,000	£267,247	16% below HPI
1999 29 OCT	£60,000	£89,419	33% below HPI

49 PATRICIA 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 PATRICIA DRIVE sales from October 1999 and July 2019 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 October 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 49 PATRICIA DRIVE?

49 PATRICIA DRIVE is 80m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 49 PATRICIA DRIVE lies on this distribution: 15% of detached houses are smaller than 49 PATRICIA DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Arnold.

49 PATRICIA DRIVE: Plot and Title Map

49 PATRICIA DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 49 PATRICIA 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 PATRICIA 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 PATRICIA DRIVE?

49 PATRICIA DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 49 on PATRICIA DRIVE.