16, CORNELL DRIVE, ARNOLD, NOTTINGHAM, NG5 8RF - £127,000

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.

16 CORNELL DRIVE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £251,907. It was last sold for £127,000 in April 2012, which was around 31% below the average April 2012 detached price in the Gedling local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

16 CORNELL DRIVE Sold Prices

Land registry data shows one sale for 16 CORNELL DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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 5 APR	£127,000	£184,940	31% below HPI

What might 16 CORNELL DRIVE be worth now?

16 CORNELL DRIVE might now be worth an estimated £251,907.

This is based on house price inflation of 98.4%, between April 2012 and May 2026, for detached 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 98.4% inflationary increase is applied to the most recent sale price for 16 CORNELL DRIVE of £127,000 on 5th April 2012. For the value to have increased from £127,000 to £251,907 over the thirteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16 CORNELL DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2012 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CORNELL DRIVE has not materially changed since April 2012.

How Large is 16 CORNELL DRIVE?

16 CORNELL DRIVE is 80m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 16 CORNELL DRIVE lies on this distribution: 15% of detached houses are smaller than 16 CORNELL DRIVE, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Arnold.

16 CORNELL DRIVE: Plot

16 CORNELL DRIVE sits on a plot of roughly 0.099 of an acre, or 399m².

Where is 16 CORNELL DRIVE?

16 CORNELL DRIVE is located in ARNOLD, in the NG5 postcode district.