51, RANSOM DRIVE, NOTTINGHAM, NG3 5LR - £235,000

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

51 RANSOM DRIVE is a very small detached house of 72m², built in 2021. It was last sold for £235,000 in September 2023, which was around 28% below the average September 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

51 RANSOM DRIVE Sold Prices

Land registry data shows three sales for 51 RANSOM 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. Two of the three 51 RANSOM DRIVE sales were for below the average price, whilst one was 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
2023 21 SEP	£235,000	£324,472	28% below HPI
2021 18 MAY	£175,995	£275,483	36% below HPI
2017 23 OCT	£813,000	£228,564	256% above HPI

51 RANSOM 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 51 RANSOM DRIVE sales between October 2017 and September 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 May 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 51 RANSOM DRIVE?

51 RANSOM DRIVE is 72m² according to the EPC inspection conducted in April 2021. 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 51 RANSOM DRIVE lies on this distribution: 12% of detached houses are smaller than 51 RANSOM DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

51 RANSOM DRIVE: Plot and Title Map

51 RANSOM DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 51 RANSOM 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 51 RANSOM 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 51 RANSOM DRIVE?

51 RANSOM DRIVE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 51 on RANSOM DRIVE.