62, CORNELL DRIVE, ARNOLD, NOTTINGHAM, NG5 8RF - £140,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

62 CORNELL DRIVE is a very small semi-detached house of 61m², built sometime between 1976 and 1982. It was last sold for £140,000 in August 2020, which was around 51% below the average August 2020 detached price in the Gedling local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

62 CORNELL DRIVE Sold Prices

Land registry data shows five sales for 62 CORNELL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the five 62 CORNELL 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
2020 28 AUG	£140,000	£284,419	51% below HPI
2017 11 AUG	£130,000	£252,731	49% below HPI
2009 14 SEP	£109,950	£180,572	39% below HPI
2002 12 APR	£73,000	£128,375	43% below HPI
1997 11 APR	£47,500	£78,326	39% below HPI

62 CORNELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The five 62 CORNELL DRIVE sales between April 1997 and August 2020 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 August 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 62 CORNELL DRIVE?

62 CORNELL DRIVE is 61m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 62 CORNELL DRIVE lies on this distribution: 3% of detached houses are smaller than 62 CORNELL DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Arnold.

62 CORNELL DRIVE: Plot and Title Map

62 CORNELL DRIVE sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 62 CORNELL 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 62 CORNELL 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 62 CORNELL DRIVE?

62 CORNELL DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 62 on CORNELL DRIVE.