8, ASCOT DRIVE, REDHILL, NOTTINGHAM, NG5 8LR - £350,000

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

8 ASCOT DRIVE is a large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2015, which was around 68% above the average February 2015 detached price in the Gedling local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

8 ASCOT DRIVE Sold Prices

Land registry data shows three sales for 8 ASCOT 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 Gedling local authority area for the corresponding sale date. All of the three 8 ASCOT 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
2015 12 FEB	£350,000	£208,797	68% above HPI
2004 26 NOV	£249,995	£200,509	25% above HPI
2001 6 APR	£155,000	£104,665	48% above HPI

8 ASCOT 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 three 8 ASCOT DRIVE sales between April 2001 and February 2015 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 November 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2015 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 8 ASCOT DRIVE?

8 ASCOT DRIVE is 142m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 8 ASCOT DRIVE lies on this distribution: 80% of detached houses are smaller than 8 ASCOT DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Arnold.

8 ASCOT DRIVE: Plot and Title Map

8 ASCOT DRIVE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 8 ASCOT 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 8 ASCOT 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 8 ASCOT DRIVE?

8 ASCOT DRIVE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 8 on ASCOT DRIVE.