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
6 BALMORAL DRIVE is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £268,000 in March 2017, which was around 15% above the average March 2017 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 6 BALMORAL DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Most of the four 6 BALMORAL 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 |
---|---|---|---|
2017 3 MAR | £268,000 | £233,812 | 15% above HPI |
2005 13 MAY | £202,500 | £189,093 | 7% above HPI |
2005 25 FEB | £215,000 | £191,474 | 12% above HPI |
1995 30 JUN | £50,000 | £69,682 | 28% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 6 BALMORAL DRIVE sales between June 1995 and March 2017 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 May 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
6 BALMORAL DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 6 BALMORAL DRIVE lies on this distribution: 52% of detached houses are smaller than 6 BALMORAL DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Beeston.
6 BALMORAL DRIVE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 6 BALMORAL 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 6 BALMORAL 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.
6 BALMORAL DRIVE is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 6 on BALMORAL DRIVE.