5, VERONICA DRIVE, CARLTON, NOTTINGHAM, NG4 3QS - £217,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 VERONICA DRIVE is a midsized detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £282,077. It was last sold for £217,000 in October 2020, which was around 25% below the average October 2020 detached price in the Gedling local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

5 VERONICA DRIVE Sold Prices

Land registry data shows three sales for 5 VERONICA 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 Gedling local authority area for the corresponding sale date. All of the three 5 VERONICA 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
2020 23 OCT	£217,000	£288,057	25% below HPI
2003 14 FEB	£129,000	£167,123	23% below HPI
2000 14 AUG	£76,000	£98,682	23% below HPI

5 VERONICA 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 three 5 VERONICA DRIVE sales between August 2000 and October 2020 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 February 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 VERONICA DRIVE be worth now?

5 VERONICA DRIVE might now be worth an estimated £282,077.

This is based on house price inflation of 30%, between October 2020 and December 2024, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 5 VERONICA DRIVE of £217,000 on 23rd October 2020. For the value to have increased from £217,000 to £282,077 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 VERONICA DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The October 2020 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VERONICA DRIVE has not materially changed since October 2020.

How Large is 5 VERONICA DRIVE?

5 VERONICA DRIVE is 102m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 5 VERONICA DRIVE lies on this distribution: 52% of detached houses houses are smaller than 5 VERONICA DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Carlton.

5 VERONICA DRIVE: Plot and Title Map

5 VERONICA DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 VERONICA 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 VERONICA 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 VERONICA DRIVE?

5 VERONICA DRIVE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 5 on VERONICA DRIVE.