IVYDENE, DAVIDS LANE, GUNTHORPE, NOTTINGHAM, NG14 7EW - £438,000

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.

IVYDENE is a midsized extended detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £543,690. It was last sold for £438,000 in July 2020, which was around 55% above the average July 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

IVYDENE Sold Prices

Land registry data shows two sales for IVYDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two IVYDENE 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
2020 17 JUL	£438,000	£282,314	55% above HPI
2006 17 MAR	£335,000	£208,100	61% above HPI

IVYDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two IVYDENE sales from March 2006 and July 2020 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 March 2006 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2020 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might IVYDENE be worth now?

IVYDENE might now be worth an estimated £543,690.

This is based on house price inflation of 24.1%, between July 2020 and June 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.1% inflationary increase is applied to the most recent sale price for IVYDENE of £438,000 on 17th July 2020. For the value to have increased from £438,000 to £543,690 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of IVYDENE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2020 sale price of £438,000 represented a fair market value for the property.
• The size, condition, and specification of IVYDENE has not materially changed since July 2020.

How Large is IVYDENE?

IVYDENE is 141m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunthorpe, and where IVYDENE lies on this distribution: 50% of detached houses houses are smaller than IVYDENE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

IVYDENE: Plot and Title Map

IVYDENE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of IVYDENE, 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 IVYDENE). 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 IVYDENE?

IVYDENE is located on DAVIDS LANE in GUNTHORPE, in the NG14 postcode district. The below map shows the position of IVYDENE on DAVIDS LANE.