5, REDBRIDGE DRIVE, NUTHALL, NOTTINGHAM, NG16 1QP - £292,500

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 REDBRIDGE DRIVE is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £292,500 in August 2023, which was around 16% below the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

5 REDBRIDGE DRIVE Sold Prices

Land registry data shows four sales for 5 REDBRIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Most of the four 5 REDBRIDGE 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
2023 18 AUG	£292,500	£349,894	16% below HPI
2019 18 NOV	£222,000	£258,114	14% below HPI
2000 12 MAY	£92,500	£90,864	2% above HPI
1995 26 OCT	£64,000	£70,701	9% below HPI

5 REDBRIDGE 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 four 5 REDBRIDGE DRIVE sales between October 1995 and August 2023 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 November 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 REDBRIDGE DRIVE?

5 REDBRIDGE DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses by size in Nuthall, and where 5 REDBRIDGE DRIVE lies on this distribution: 36% of detached houses are smaller than 5 REDBRIDGE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Nuthall.

5 REDBRIDGE DRIVE: Plot and Title Map

5 REDBRIDGE DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 REDBRIDGE 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 REDBRIDGE 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 REDBRIDGE DRIVE?

5 REDBRIDGE DRIVE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 5 on REDBRIDGE DRIVE.