40, BAILEY DRIVE, MAPPERLEY, NOTTINGHAM, NG3 5US - £112,000

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.

40 BAILEY DRIVE is a very small terraced house of 57m², which could now be worth an estimated £220,986. It was last sold for £112,000 in May 2012, which was around 24% above the average May 2012 terraced price in the Gedling local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

40 BAILEY DRIVE Sold Prices

Land registry data shows one sale for 40 BAILEY DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Gedling local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 31 MAY	£112,000	£90,372	24% above HPI

What might 40 BAILEY DRIVE be worth now?

40 BAILEY DRIVE might now be worth an estimated £220,986.

This is based on house price inflation of 97.3%, between May 2012 and April 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 97.3% inflationary increase is applied to the most recent sale price for 40 BAILEY DRIVE of £112,000 on 31st May 2012. For the value to have increased from £112,000 to £220,986 over the fourteen years and one month to April 2026, the following assumptions must hold true:

• The value of 40 BAILEY DRIVE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The May 2012 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BAILEY DRIVE has not materially changed since May 2012.

How Large is 40 BAILEY DRIVE?

40 BAILEY DRIVE is 57m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of terraced houses in Arnold, based on EPC data. The below chart shows the distribution of terraced houses by size in Arnold, and where 40 BAILEY DRIVE lies on this distribution: 11% of terraced houses are smaller than 40 BAILEY DRIVE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Arnold.

40 BAILEY DRIVE: Plot

40 BAILEY DRIVE sits on a plot of roughly 0.022 of an acre, or 89m².

Where is 40 BAILEY DRIVE?

40 BAILEY DRIVE is located in MAPPERLEY, in the NG3 postcode district.