62, RAMSEY DRIVE, ARNOLD, NOTTINGHAM, NG5 6QQ - £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.

62 RAMSEY DRIVE is a very small extended semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £272,002. It was last sold for £240,000 in April 2022, which was around 15% above the average April 2022 semi-detached price in the Gedling local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

62 RAMSEY DRIVE Sold Prices

Land registry data shows two sales for 62 RAMSEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. Both of the two 62 RAMSEY 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
2022 14 APR	£240,000	£209,013	15% above HPI
1998 4 JAN	£59,450	£47,019	26% above HPI

62 RAMSEY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The two 62 RAMSEY DRIVE sales from January 1998 and April 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 January 1998 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 62 RAMSEY DRIVE be worth now?

62 RAMSEY DRIVE might now be worth an estimated £272,002.

This is based on house price inflation of 13.3%, between April 2022 and February 2025, for semi-detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 62 RAMSEY DRIVE of £240,000 on 14th April 2022. For the value to have increased from £240,000 to £272,002 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 62 RAMSEY DRIVE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The April 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 62 RAMSEY DRIVE has not materially changed since April 2022.

How Large is 62 RAMSEY DRIVE?

62 RAMSEY DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of semi-detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Arnold, and where 62 RAMSEY DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 62 RAMSEY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Arnold.

62 RAMSEY DRIVE: Plot and Title Map

62 RAMSEY DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 62 RAMSEY 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 RAMSEY 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 RAMSEY DRIVE?

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