41, VALLEY DRIVE, NEWTHORPE, NOTTINGHAM, NG16 2DT - £130,000

41 VALLEY DRIVE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £130,000 in February 2012, which was around 29% below the average February 2012 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

41 VALLEY DRIVE Sold Prices

Land registry data shows two sales for 41 VALLEY 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 Broxtowe local authority area for the corresponding sale date. Both of the two 41 VALLEY 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
2012 24 FEB	£130,000	£184,211	29% below HPI
2004 29 OCT	£139,950	£193,197	28% below HPI

41 VALLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 41 VALLEY DRIVE sales from October 2004 and February 2012 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 October 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 41 VALLEY DRIVE?

41 VALLEY DRIVE is 62m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 41 VALLEY DRIVE lies on this distribution: 13% of detached houses are smaller than 41 VALLEY DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

41 VALLEY DRIVE: Plot and Title Map

41 VALLEY DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 41 VALLEY 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 41 VALLEY 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 41 VALLEY DRIVE?

41 VALLEY DRIVE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 41 on VALLEY DRIVE.