62, DEVON DRIVE, NOTTINGHAM, NG5 2EN - £173,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

62 DEVON DRIVE is a small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £173,000 in January 2005, which was around 3% below the average January 2005 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

62 DEVON DRIVE Sold Prices

Land registry data shows three sales for 62 DEVON 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 City of Nottingham local authority area for the corresponding sale date. All of the three 62 DEVON 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
2005 21 JAN	£173,000	£178,839	3% below HPI
1998 19 MAY	£65,000	£70,955	8% below HPI
1995 26 MAY	£44,500	£65,476	32% below HPI

62 DEVON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 62 DEVON DRIVE sales between May 1995 and January 2005 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2005 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 62 DEVON DRIVE be worth now?

62 DEVON DRIVE might now be worth an estimated £312,444.

This is based on house price inflation of 80.6%, between January 2005 and December 2024, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.6% inflationary increase is applied to the most recent sale price for 62 DEVON DRIVE of £173,000 on 21st January 2005. For the value to have increased from £173,000 to £312,444 over the eighteen years and one month to December 2024, the following assumptions must hold true:

• The value of 62 DEVON DRIVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The January 2005 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 62 DEVON DRIVE has not materially changed since January 2005.

How Large is 62 DEVON DRIVE?

62 DEVON DRIVE is 81m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 62 DEVON DRIVE lies on this distribution: 20% of detached houses houses are smaller than 62 DEVON DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

62 DEVON DRIVE: Plot and Title Map

62 DEVON DRIVE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 62 DEVON 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 DEVON 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 DEVON DRIVE?

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