8, THORN DRIVE, NEWTHORPE, NOTTINGHAM, NG16 2BE - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THORN DRIVE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £226,388. It was last sold for £200,000 in November 2021, which was around 35% below the average November 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 THORN DRIVE Sold Prices

Land registry data shows three sales for 8 THORN 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 THORN 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
2021 19 NOV	£200,000	£310,073	35% below HPI
2015 31 JUL	£162,500	£215,197	24% below HPI
1997 28 FEB	£58,500	£72,184	19% below HPI

8 THORN 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 THORN DRIVE sales between February 1997 and November 2021 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 July 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 THORN DRIVE be worth now?

8 THORN DRIVE might now be worth an estimated £226,388.

This is based on house price inflation of 13.2%, between November 2021 and December 2024, 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 13.2% inflationary increase is applied to the most recent sale price for 8 THORN DRIVE of £200,000 on 19th November 2021. For the value to have increased from £200,000 to £226,388 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 THORN DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The November 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THORN DRIVE has not materially changed since November 2021.

How Large is 8 THORN DRIVE?

8 THORN DRIVE is 66m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 8 THORN DRIVE lies on this distribution: 16% of detached houses houses are smaller than 8 THORN DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

8 THORN DRIVE: Plot and Title Map

8 THORN DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 8 THORN 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 THORN 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 THORN DRIVE?

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