5, BOURNE DRIVE, LANGLEY MILL, NOTTINGHAM, NG16 4BJ - £128,500

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.

5 BOURNE DRIVE is a very small semi-detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £223,359. It was last sold for £128,500 in January 2007, which was about the average January 2007 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

5 BOURNE DRIVE Sold Prices

Land registry data shows two sales for 5 BOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. One of the two 5 BOURNE DRIVE sales was roughly equal to the average price, whilst the other was 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
2007 29 JAN	£128,500	£128,328	Close to HPI
2005 31 AUG	£129,950	£117,357	11% above HPI

5 BOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 5 BOURNE DRIVE sales from August 2005 and January 2007 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 August 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2007 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 BOURNE DRIVE be worth now?

5 BOURNE DRIVE might now be worth an estimated £223,359.

This is based on house price inflation of 73.8%, between January 2007 and May 2026, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.8% inflationary increase is applied to the most recent sale price for 5 BOURNE DRIVE of £128,500 on 29th January 2007. For the value to have increased from £128,500 to £223,359 over the eighteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 BOURNE DRIVE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The January 2007 sale price of £128,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BOURNE DRIVE has not materially changed since January 2007.

How Large is 5 BOURNE DRIVE?

5 BOURNE DRIVE is 76m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of semi-detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heanor, and where 5 BOURNE DRIVE lies on this distribution: 18% of semi-detached houses houses are smaller than 5 BOURNE DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Heanor.

5 BOURNE DRIVE: Plot and Title Map

5 BOURNE DRIVE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 5 BOURNE 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 5 BOURNE 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 5 BOURNE DRIVE?

5 BOURNE DRIVE is located in LANGLEY MILL, in the NG16 postcode district. The below map shows the position of No. 5 on BOURNE DRIVE.