4, THALES DRIVE, ARNOLD, NOTTINGHAM, NG5 7NF - £230,000

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.

4 THALES DRIVE is a midsized extended terraced house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £235,647. It was last sold for £230,000 in October 2024, which was around 31% above the average October 2024 terraced price in the Gedling local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

4 THALES DRIVE Sold Prices

Land registry data shows two sales for 4 THALES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. Both of the two 4 THALES 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
2024 16 OCT	£230,000	£175,257	31% above HPI
2004 17 DEC	£168,000	£96,874	73% above HPI

4 THALES DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gedling local authority area over time, sourced from the HPI. The two 4 THALES DRIVE sales from December 2004 and October 2024 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 December 2004 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the October 2024 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 THALES DRIVE be worth now?

4 THALES DRIVE might now be worth an estimated £235,647.

This is based on house price inflation of 2.5%, between October 2024 and May 2026, for terraced 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 2.5% inflationary increase is applied to the most recent sale price for 4 THALES DRIVE of £230,000 on 16th October 2024. For the value to have increased from £230,000 to £235,647 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 4 THALES DRIVE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The October 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THALES DRIVE has not materially changed since October 2024.

How Large is 4 THALES DRIVE?

4 THALES DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of terraced houses houses in Arnold, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Arnold, and where 4 THALES DRIVE lies on this distribution: 50% of terraced houses houses are smaller than 4 THALES DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Arnold.

4 THALES DRIVE: Plot and Title Map

4 THALES DRIVE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 4 THALES 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 4 THALES 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 4 THALES DRIVE?

4 THALES DRIVE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 4 on THALES DRIVE.