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
58 RUSSELL DRIVE is a large semi-detached house of 115m², built sometime between 1930 and 1949. It was last sold for £264,950 in January 2018, which was around 15% above the average January 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 58 RUSSELL DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the five 58 RUSSELL DRIVE sales were 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 |
---|---|---|---|
2018 26 JAN | £264,950 | £231,201 | 15% above HPI |
2007 5 APR | £199,950 | £143,713 | 39% above HPI |
2004 23 NOV | £192,500 | £144,684 | 33% above HPI |
2002 24 JUN | £135,450 | £93,473 | 45% above HPI |
2000 26 OCT | £90,000 | £69,072 | 30% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The five 58 RUSSELL DRIVE sales between October 2000 and January 2018 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 April 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
58 RUSSELL DRIVE is 115m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 58 RUSSELL DRIVE lies on this distribution: 64% of detached houses are smaller than 58 RUSSELL DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
58 RUSSELL DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 58 RUSSELL 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 58 RUSSELL 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.
58 RUSSELL DRIVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 58 on RUSSELL DRIVE.