6, VERONICA DRIVE, GILTBROOK, NOTTINGHAM, NG16 2UE - £240,000

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.

6 VERONICA DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £244,698. It was last sold for £240,000 in December 2022, which was around 31% below the average December 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

6 VERONICA DRIVE Sold Prices

Land registry data shows two sales for 6 VERONICA 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 Broxtowe local authority area for the corresponding sale date. Both of the two 6 VERONICA 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
2022 22 DEC	£240,000	£349,052	31% below HPI
2022 20 DEC	£240,000	£349,052	31% below HPI

6 VERONICA 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 two 6 VERONICA DRIVE sales from December 2022 and December 2022 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 December 2022 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2022 sale, which was also at 31% below the HPI.

What might 6 VERONICA DRIVE be worth now?

6 VERONICA DRIVE might now be worth an estimated £244,698.

This is based on house price inflation of 2%, between December 2022 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 2% inflationary increase is applied to the most recent sale price for 6 VERONICA DRIVE of £240,000 on 22nd December 2022. For the value to have increased from £240,000 to £244,698 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 VERONICA DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The December 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 VERONICA DRIVE has not materially changed since December 2022.

How Large is 6 VERONICA DRIVE?

6 VERONICA DRIVE is 66m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% 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 6 VERONICA DRIVE lies on this distribution: 16% of detached houses houses are smaller than 6 VERONICA DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

6 VERONICA DRIVE: Plot and Title Map

6 VERONICA DRIVE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 6 VERONICA 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 VERONICA 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 6 VERONICA DRIVE?

6 VERONICA DRIVE is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 6 on VERONICA DRIVE.