1, OLD DRIVE, BEESTON, NOTTINGHAM, NG9 3DA - £585,000

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.

1 OLD DRIVE is a very large detached house of 168m², which could now be worth an estimated £811,582. It was last sold for £585,000 in April 2018, which was around 125% above the average April 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

1 OLD DRIVE Sold Prices

Land registry data shows two sales for 1 OLD 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 Broxtowe local authority area for the corresponding sale date. Both of the two 1 OLD 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
2018 13 APR	£585,000	£260,402	125% above HPI
2016 22 AUG	£900,000	£232,476	287% above HPI

1 OLD 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 two 1 OLD DRIVE sales from August 2016 and April 2018 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 August 2016 sale was for 287% above the HPI. So the extrapolation line tracks at 287% above the HPI over time, until the April 2018 sale, where it falls to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might 1 OLD DRIVE be worth now?

1 OLD DRIVE might now be worth an estimated £811,582.

This is based on house price inflation of 38.7%, between April 2018 and March 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 38.7% inflationary increase is applied to the most recent sale price for 1 OLD DRIVE of £585,000 on 13th April 2018. For the value to have increased from £585,000 to £811,582 over the seven years and one month to March 2025, the following assumptions must hold true:

• The value of 1 OLD DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The April 2018 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD DRIVE has not materially changed since April 2018.

How Large is 1 OLD DRIVE?

1 OLD DRIVE is 168m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 1 OLD DRIVE lies on this distribution: 87% of detached houses houses are smaller than 1 OLD DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Beeston.

1 OLD DRIVE: Plot and Title Map

1 OLD DRIVE sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of 1 OLD 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 1 OLD 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 1 OLD DRIVE?

1 OLD DRIVE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 1 on OLD DRIVE.