56, STANHOME DRIVE, WEST BRIDGFORD, NOTTINGHAM, NG2 7FU - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 STANHOME DRIVE is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £415,000 in November 2023, which was around 9% below the average November 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

56 STANHOME DRIVE Sold Prices

Land registry data shows two sales for 56 STANHOME 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 56 STANHOME 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 24 NOV	£415,000	£457,941	9% below HPI
2010 3 DEC	£190,000	£274,632	31% below HPI

56 STANHOME DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 56 STANHOME DRIVE sales from December 2010 and November 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 December 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 56 STANHOME DRIVE?

56 STANHOME DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 56 STANHOME DRIVE lies on this distribution: 11% of detached houses are smaller than 56 STANHOME DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

56 STANHOME DRIVE: Plot and Title Map

56 STANHOME DRIVE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 56 STANHOME 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 56 STANHOME 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 56 STANHOME DRIVE?

56 STANHOME DRIVE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 56 on STANHOME DRIVE.