8, BUTTERMERE DRIVE, BRAMCOTE, NOTTINGHAM, NG9 3BL - £270,000

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.

8 BUTTERMERE DRIVE is a midsized detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £392,687. It was last sold for £270,000 in July 2018, which was around 5% above the average July 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was C.

8 BUTTERMERE DRIVE Sold Prices

Land registry data shows two sales for 8 BUTTERMERE 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. One of the two 8 BUTTERMERE DRIVE sales was for above the average price, whilst the other was 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
2018 27 JUL	£270,000	£257,047	5% above HPI
2011 31 MAY	£165,000	£191,785	14% below HPI

8 BUTTERMERE 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 8 BUTTERMERE DRIVE sales from May 2011 and July 2018 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 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 BUTTERMERE DRIVE be worth now?

8 BUTTERMERE DRIVE might now be worth an estimated £392,687.

This is based on house price inflation of 45.4%, between July 2018 and July 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.4% inflationary increase is applied to the most recent sale price for 8 BUTTERMERE DRIVE of £270,000 on 27th July 2018. For the value to have increased from £270,000 to £392,687 over the seven years to July 2025, the following assumptions must hold true:

• The value of 8 BUTTERMERE DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUTTERMERE DRIVE has not materially changed since July 2018.

How Large is 8 BUTTERMERE DRIVE?

8 BUTTERMERE DRIVE is 111m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 8 BUTTERMERE DRIVE lies on this distribution: 51% of detached houses houses are smaller than 8 BUTTERMERE DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Beeston.

8 BUTTERMERE DRIVE: Plot and Title Map

8 BUTTERMERE DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 BUTTERMERE 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 8 BUTTERMERE 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 8 BUTTERMERE DRIVE?

8 BUTTERMERE DRIVE is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 8 on BUTTERMERE DRIVE.