8, CHAPTER DRIVE, KIMBERLEY, NOTTINGHAM, NG16 2QD - £175,000

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.

8 CHAPTER DRIVE is a large extended detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £307,916. It was last sold for £175,000 in April 2007, which was around 13% below the average April 2007 detached price in the Broxtowe local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

8 CHAPTER DRIVE Sold Prices

Land registry data shows three sales for 8 CHAPTER 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 Broxtowe local authority area for the corresponding sale date. All of the three 8 CHAPTER 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
2007 2 APR	£175,000	£202,262	13% below HPI
2007 30 MAR	£170,000	£205,503	17% below HPI
2002 26 NOV	£130,000	£147,165	12% below HPI

8 CHAPTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 8 CHAPTER DRIVE sales between November 2002 and April 2007 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 March 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2007 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 CHAPTER DRIVE be worth now?

8 CHAPTER DRIVE might now be worth an estimated £307,916.

This is based on house price inflation of 76%, between April 2007 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76% inflationary increase is applied to the most recent sale price for 8 CHAPTER DRIVE of £175,000 on 2nd April 2007. For the value to have increased from £175,000 to £307,916 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of 8 CHAPTER DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The April 2007 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPTER DRIVE has not materially changed since April 2007.

How Large is 8 CHAPTER DRIVE?

8 CHAPTER DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 40% of detached houses houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimberley, and where 8 CHAPTER DRIVE lies on this distribution: 60% of detached houses houses are smaller than 8 CHAPTER DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

8 CHAPTER DRIVE: Plot and Title Map

8 CHAPTER DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 8 CHAPTER 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 CHAPTER 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 CHAPTER DRIVE?

8 CHAPTER DRIVE is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 8 on CHAPTER DRIVE.