5, VERNON DRIVE, NUTHALL, NOTTINGHAM, NG16 1AR - £198,000

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.

5 VERNON DRIVE is a large extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £374,330. It was last sold for £198,000 in March 2014, which was around 5% above the average March 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

5 VERNON DRIVE Sold Prices

Land registry data shows two sales for 5 VERNON 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 Broxtowe local authority area for the corresponding sale date. Both of the two 5 VERNON 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
2014 31 MAR	£198,000	£188,243	5% above HPI
2003 3 MAR	£165,000	£164,096	1% above HPI

5 VERNON 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 two 5 VERNON DRIVE sales from March 2003 and March 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 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 VERNON DRIVE be worth now?

5 VERNON DRIVE might now be worth an estimated £374,330.

This is based on house price inflation of 89.1%, between March 2014 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 89.1% inflationary increase is applied to the most recent sale price for 5 VERNON DRIVE of £198,000 on 31st March 2014. For the value to have increased from £198,000 to £374,330 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 5 VERNON DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The March 2014 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VERNON DRIVE has not materially changed since March 2014.

How Large is 5 VERNON DRIVE?

5 VERNON DRIVE is 132m², which includes three extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 30% of detached houses houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nuthall, and where 5 VERNON DRIVE lies on this distribution: 71% of detached houses houses are smaller than 5 VERNON DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Nuthall.

5 VERNON DRIVE: Plot and Title Map

5 VERNON DRIVE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 5 VERNON 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 VERNON 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 VERNON DRIVE?

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