51, REDHILL LODGE DRIVE, REDHILL, NOTTINGHAM, NG5 8JH - £305,000

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 REDHILL LODGE DRIVE is a small detached house of 99m², built sometime between 1900 and 1929. It was last sold for £305,000 in July 2021, which was around 1% below the average July 2021 detached price in the Gedling local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

51 REDHILL LODGE DRIVE Sold Prices

Land registry data shows two sales for 51 REDHILL LODGE 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 Gedling local authority area for the corresponding sale date. Both of the two 51 REDHILL LODGE 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
2021 27 JUL	£305,000	£308,710	1% below HPI
2016 23 SEP	£210,000	£234,964	11% below HPI

51 REDHILL LODGE 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 two 51 REDHILL LODGE DRIVE sales from September 2016 and July 2021 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 September 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 51 REDHILL LODGE DRIVE?

51 REDHILL LODGE DRIVE is 99m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 51 REDHILL LODGE DRIVE lies on this distribution: 36% of detached houses are smaller than 51 REDHILL LODGE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Arnold.

51 REDHILL LODGE DRIVE: Plot and Title Map

51 REDHILL LODGE DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 51 REDHILL LODGE 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 REDHILL LODGE 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 REDHILL LODGE DRIVE?

51 REDHILL LODGE DRIVE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 51 on REDHILL LODGE DRIVE.