5, DEREHAM DRIVE, ARNOLD, NOTTINGHAM, NG5 6PS - £292,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 DEREHAM DRIVE is a midsized detached house of 103m², built sometime between 1967 and 1975. It was last sold for £292,000 in September 2018, which was around 10% above the average September 2018 detached price in the Gedling local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was D.

5 DEREHAM DRIVE Sold Prices

Land registry data shows two sales for 5 DEREHAM 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 5 DEREHAM 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
2018 28 SEP	£292,000	£264,807	10% above HPI
2000 27 APR	£120,000	£92,567	30% above HPI

5 DEREHAM 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 5 DEREHAM DRIVE sales from April 2000 and September 2018 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 April 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 DEREHAM DRIVE?

5 DEREHAM DRIVE is 103m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 5 DEREHAM DRIVE lies on this distribution: 40% of detached houses are smaller than 5 DEREHAM DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Arnold.

5 DEREHAM DRIVE: Plot and Title Map

5 DEREHAM DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 5 DEREHAM 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 5 DEREHAM 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 5 DEREHAM DRIVE?

5 DEREHAM DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 5 on DEREHAM DRIVE.