57, PATRICIA DRIVE, ARNOLD, NOTTINGHAM, NG5 8EJ - £287,500

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

57 PATRICIA DRIVE is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £287,500 in August 2024, which was around 22% below the average August 2024 detached price in the Gedling local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

57 PATRICIA DRIVE Sold Prices

Land registry data shows two sales for 57 PATRICIA 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 57 PATRICIA 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
2024 2 AUG	£287,500	£370,335	22% below HPI
2023 17 JAN	£257,500	£357,935	28% below HPI

57 PATRICIA 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 57 PATRICIA DRIVE sales from January 2023 and August 2024 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 January 2023 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 57 PATRICIA DRIVE?

57 PATRICIA DRIVE is 81m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 57 PATRICIA DRIVE lies on this distribution: 16% of detached houses are smaller than 57 PATRICIA DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Arnold.

57 PATRICIA DRIVE: Plot and Title Map

57 PATRICIA DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 57 PATRICIA 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 57 PATRICIA 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 57 PATRICIA DRIVE?

57 PATRICIA DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 57 on PATRICIA DRIVE.