7, LARCH DRIVE, SANDIACRE, NOTTINGHAM, NG10 5FD - £77,000

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

7 LARCH DRIVE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £77,000 in April 2001, which was around 7% below the average April 2001 detached price in the Erewash local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

7 LARCH DRIVE Sold Prices

Land registry data shows two sales for 7 LARCH 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 Erewash local authority area for the corresponding sale date. Both of the two 7 LARCH 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
2001 4 APR	£77,000	£82,446	7% below HPI
1997 24 OCT	£60,000	£67,917	12% below HPI

7 LARCH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 7 LARCH DRIVE sales from October 1997 and April 2001 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 October 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2001 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 LARCH DRIVE?

7 LARCH DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 7 LARCH DRIVE lies on this distribution: 32% of detached houses are smaller than 7 LARCH DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

7 LARCH DRIVE: Plot and Title Map

7 LARCH DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 LARCH 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 7 LARCH 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 7 LARCH DRIVE?

7 LARCH DRIVE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 7 on LARCH DRIVE.