8, REDHILL LODGE DRIVE, REDHILL, NOTTINGHAM, NG5 8JH - £250,000

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 REDHILL LODGE DRIVE is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £250,000 in August 2017, which was around 1% below the average August 2017 detached price in the Gedling local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

8 REDHILL LODGE DRIVE Sold Prices

Land registry data shows two sales for 8 REDHILL LODGE 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 Gedling local authority area for the corresponding sale date. Both of the two 8 REDHILL LODGE 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
2017 29 AUG	£250,000	£252,731	1% below HPI
2014 7 NOV	£160,000	£207,088	23% below HPI

8 REDHILL LODGE 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 two 8 REDHILL LODGE DRIVE sales from November 2014 and August 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 8 REDHILL LODGE DRIVE?

8 REDHILL LODGE DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% 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 REDHILL LODGE DRIVE lies on this distribution: 48% of detached houses are smaller than 8 REDHILL LODGE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Arnold.

8 REDHILL LODGE DRIVE: Plot and Title Map

8 REDHILL LODGE DRIVE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 8 REDHILL LODGE 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 REDHILL LODGE 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 REDHILL LODGE DRIVE?

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