2, CORNWALL DRIVE, LONG EATON, NOTTINGHAM, NG10 2GR - £345,000

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.

2 CORNWALL DRIVE is a very large detached house of 137m², built in 2014, which could now be worth an estimated £426,571. It was last sold for £345,000 in December 2020, which was around 29% above the average December 2020 detached price in the Erewash local authority area. The most recent EPC inspection was November 2016, where the current energy rating was A, and the potential energy rating was A.

2 CORNWALL DRIVE Sold Prices

Land registry data shows two sales for 2 CORNWALL 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 Erewash local authority area for the corresponding sale date. One of the two 2 CORNWALL DRIVE sales was for above the average price, whilst the other was 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
2020 21 DEC	£345,000	£267,144	29% above HPI
2016 31 MAR	£175,000	£208,527	16% below HPI

2 CORNWALL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 2 CORNWALL DRIVE sales from March 2016 and December 2020 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 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 CORNWALL DRIVE be worth now?

2 CORNWALL DRIVE might now be worth an estimated £426,571.

This is based on house price inflation of 23.6%, between December 2020 and May 2026, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for 2 CORNWALL DRIVE of £345,000 on 21st December 2020. For the value to have increased from £345,000 to £426,571 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 CORNWALL DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNWALL DRIVE has not materially changed since December 2020.

How Large is 2 CORNWALL DRIVE?

2 CORNWALL DRIVE is 137m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 2 CORNWALL DRIVE lies on this distribution: 84% of detached houses houses are smaller than 2 CORNWALL DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

2 CORNWALL DRIVE: Plot and Title Map

2 CORNWALL DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 CORNWALL 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 2 CORNWALL 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 2 CORNWALL DRIVE?

2 CORNWALL DRIVE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 2 on CORNWALL DRIVE.