18, JERMYN DRIVE, ARNOLD, NOTTINGHAM, NG5 9PN - £137,500

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.

18 JERMYN DRIVE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £203,176. It was last sold for £137,500 in March 2018, which was around 14% below the average March 2018 semi-detached price in the Gedling local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

18 JERMYN DRIVE Sold Prices

Land registry data shows three sales for 18 JERMYN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. All of the three 18 JERMYN 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
2018 29 MAR	£137,500	£160,311	14% below HPI
2011 9 SEP	£87,000	£117,354	26% below HPI
2007 24 AUG	£117,000	£131,006	11% below HPI

18 JERMYN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The three 18 JERMYN DRIVE sales between August 2007 and March 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 September 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 JERMYN DRIVE be worth now?

18 JERMYN DRIVE might now be worth an estimated £203,176.

This is based on house price inflation of 47.8%, between March 2018 and February 2025, for semi-detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.8% inflationary increase is applied to the most recent sale price for 18 JERMYN DRIVE of £137,500 on 29th March 2018. For the value to have increased from £137,500 to £203,176 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 18 JERMYN DRIVE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The March 2018 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 18 JERMYN DRIVE has not materially changed since March 2018.

How Large is 18 JERMYN DRIVE?

18 JERMYN DRIVE is 72m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 18 JERMYN DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 18 JERMYN DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

18 JERMYN DRIVE: Plot and Title Map

18 JERMYN DRIVE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 18 JERMYN 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 18 JERMYN 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 18 JERMYN DRIVE?

18 JERMYN DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 18 on JERMYN DRIVE.