8, CORNCRAKE DRIVE, ARNOLD, NOTTINGHAM, NG5 6SP - £550,000

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 CORNCRAKE DRIVE is a detached house, which could now be worth an estimated £979,115. It was last sold for £550,000 in June 2007, which was around 168% above the average June 2007 detached price in the Gedling local authority area.

8 CORNCRAKE DRIVE Sold Prices

Land registry data shows two sales for 8 CORNCRAKE 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 Gedling local authority area for the corresponding sale date. Both of the two 8 CORNCRAKE 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
2007 19 JUN	£550,000	£204,867	168% above HPI
2000 12 JUL	£349,950	£98,067	257% above HPI

What might 8 CORNCRAKE DRIVE be worth now?

8 CORNCRAKE DRIVE might now be worth an estimated £979,115.

This is based on house price inflation of 78%, between June 2007 and April 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 78% inflationary increase is applied to the most recent sale price for 8 CORNCRAKE DRIVE of £550,000 on 19th June 2007. For the value to have increased from £550,000 to £979,115 over the nineteen years and two months to April 2026, the following assumptions must hold true:

• The value of 8 CORNCRAKE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2007 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORNCRAKE DRIVE has not materially changed since June 2007.

Where is 8 CORNCRAKE DRIVE?

8 CORNCRAKE DRIVE is located in ARNOLD, in the NG5 postcode district.