59, VALLEY DRIVE, NEWTHORPE, NOTTINGHAM, NG16 2DT - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 VALLEY DRIVE is a small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £246,342. It was last sold for £245,000 in August 2023, which was around 31% below the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

59 VALLEY DRIVE Sold Prices

Land registry data shows three sales for 59 VALLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 59 VALLEY 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 3 AUG	£245,000	£353,945	31% below HPI
2019 1 MAR	£205,000	£261,384	22% below HPI
2016 11 NOV	£140,000	£228,504	39% below HPI

59 VALLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 59 VALLEY DRIVE sales between November 2016 and August 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 March 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 59 VALLEY DRIVE be worth now?

59 VALLEY DRIVE might now be worth an estimated £246,342.

This is based on house price inflation of 0.5%, between August 2023 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 59 VALLEY DRIVE of £245,000 on 3rd August 2023. For the value to have increased from £245,000 to £246,342 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 59 VALLEY DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 59 VALLEY DRIVE has not materially changed since August 2023.

How Large is 59 VALLEY DRIVE?

59 VALLEY DRIVE is 80m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 59 VALLEY DRIVE lies on this distribution: 37% of detached houses houses are smaller than 59 VALLEY DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

59 VALLEY DRIVE: Plot and Title Map

59 VALLEY DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 59 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 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.

Where is 59 VALLEY DRIVE?

59 VALLEY DRIVE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 59 on VALLEY DRIVE.