40, CORNELL DRIVE, ARNOLD, NOTTINGHAM, NG5 8RF - £158,000

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.

40 CORNELL DRIVE is a semi-detached house, which could now be worth an estimated £289,361. It was last sold for £158,000 in March 2007, which was around 23% above the average March 2007 semi-detached price in the Gedling local authority area.

40 CORNELL DRIVE Sold Prices

Land registry data shows two sales for 40 CORNELL 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 Gedling local authority area for the corresponding sale date. One of the two 40 CORNELL 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
2007 26 MAR	£158,000	£128,757	23% above HPI
1998 20 NOV	£44,000	£48,882	10% below HPI

What might 40 CORNELL DRIVE be worth now?

40 CORNELL DRIVE might now be worth an estimated £289,361.

This is based on house price inflation of 83.1%, between March 2007 and May 2026, for semi-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 83.1% inflationary increase is applied to the most recent sale price for 40 CORNELL DRIVE of £158,000 on 26th March 2007. For the value to have increased from £158,000 to £289,361 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 40 CORNELL DRIVE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The March 2007 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CORNELL DRIVE has not materially changed since March 2007.

Where is 40 CORNELL DRIVE?

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