5, GRACE DRIVE, NOTTINGHAM, NG8 5AG - £146,500

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

5 GRACE DRIVE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £146,500 in November 2014, which was around 1% below the average November 2014 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 GRACE DRIVE Sold Prices

Land registry data shows three sales for 5 GRACE 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 City of Nottingham local authority area for the corresponding sale date. One of the three 5 GRACE DRIVE sales was for below the average price, whilst two 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
2014 6 NOV	£146,500	£147,613	1% below HPI
2008 19 MAR	£153,000	£139,647	10% above HPI
1997 18 JUN	£65,000	£56,546	15% above HPI

5 GRACE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 5 GRACE DRIVE sales between June 1997 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 March 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 GRACE DRIVE?

5 GRACE DRIVE is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 5 GRACE DRIVE lies on this distribution: 17% of detached houses are smaller than 5 GRACE DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 GRACE DRIVE: Plot and Title Map

5 GRACE DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 GRACE 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 GRACE 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 GRACE DRIVE?

5 GRACE DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 5 on GRACE DRIVE.