44, CORNELL DRIVE, ARNOLD, NOTTINGHAM, NG5 8RF - £118,500

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.

44 CORNELL DRIVE is a terraced house, which could now be worth an estimated £219,441. It was last sold for £118,500 in May 2005, which was around 22% above the average May 2005 terraced price in the Gedling local authority area.

44 CORNELL DRIVE Sold Prices

Land registry data shows two sales for 44 CORNELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. Both of the two 44 CORNELL DRIVE 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
2005 6 MAY	£118,500	£96,964	22% above HPI
2004 31 AUG	£112,000	£92,488	21% above HPI

What might 44 CORNELL DRIVE be worth now?

44 CORNELL DRIVE might now be worth an estimated £219,441.

This is based on house price inflation of 85.2%, between May 2005 and May 2026, for terraced 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 85.2% inflationary increase is applied to the most recent sale price for 44 CORNELL DRIVE of £118,500 on 6th May 2005. For the value to have increased from £118,500 to £219,441 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 44 CORNELL DRIVE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The May 2005 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 44 CORNELL DRIVE has not materially changed since May 2005.

Where is 44 CORNELL DRIVE?

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