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
59 BROAD VALLEY DRIVE is a very large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £207,500 in December 2014, which was about the average December 2014 detached price in the Gedling local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 59 BROAD VALLEY DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. The three 59 BROAD VALLEY DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2014 17 DEC | £207,500 | £207,683 | Close to HPI |
2014 2 APR | £167,000 | £197,528 | 15% below HPI |
2001 12 APR | £139,000 | £104,665 | 33% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 59 BROAD VALLEY DRIVE sales between April 2001 and December 2014 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
59 BROAD VALLEY DRIVE is 154m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Bestwood Village, based on EPC data. The below chart shows the distribution of detached houses by size in Bestwood Village, and where 59 BROAD VALLEY DRIVE lies on this distribution: 83% of detached houses are smaller than 59 BROAD VALLEY DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bestwood Village.
59 BROAD VALLEY DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 59 BROAD VALLEY 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 59 BROAD VALLEY 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.
59 BROAD VALLEY DRIVE is located in BESTWOOD VILLAGE, in the NG6 postcode district. The below map shows the position of No. 59 on BROAD VALLEY DRIVE.