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
29 CROMWELL DRIVE is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £320,000 in August 2022, which was around 31% below the average August 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 29 CROMWELL DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 29 CROMWELL 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 |
---|---|---|---|
2022 3 AUG | £320,000 | £466,070 | 31% below HPI |
2012 25 MAY | £182,500 | £273,461 | 33% below HPI |
1996 29 MAR | £59,700 | £89,084 | 33% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 29 CROMWELL DRIVE sales between March 1996 and August 2022 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 May 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
29 CROMWELL DRIVE is 93m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 29 CROMWELL DRIVE lies on this distribution: 24% of detached houses are smaller than 29 CROMWELL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in East Leake.
29 CROMWELL DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 29 CROMWELL 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 29 CROMWELL 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.
29 CROMWELL DRIVE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 29 on CROMWELL DRIVE.