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NG4

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New builds in NG4: what they really sell for.

19 new-build homes sold in NG4 in the last 12 months, 4% of all sales. New detached homes sold for a median £361,000, 19.3% more than existing ones.

Nottingham, covering Carlton, Carlton Hill, Cavendish, Colwick, Dumbles, Gedling, Netherfield, Phoenix.

New homes sold

19

4% of sales, last 12 months

New-build premium

+19.3%

Detached homes

Resold, vs market

+16.4%

Market +26.0%

Energy bills

~£553/yr

54% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Hawkers Way, GedlingNG4 4QU · detached, semi-detached · 14 sold · latest Dec 2025
£277k–£384k£3,482/m²
Guy Drive, GedlingNG4 4NH · detached · 4 sold · latest Nov 2025
£333k–£400k£3,473/m²
Lincoln Drive, GedlingNG4 4NQ · detached, semi-detached, terraced · 21 sold · latest Nov 2025
£172k–£410k£3,487/m²
Stoke Lane, GedlingNG4 2QS · flat · 5 sold · latest Sept 2025
£127k–£150k£2,286/m²
Turney Drive, GedlingNG4 2ST · detached, semi-detached · 20 sold · latest Jun 2025
£227k–£409k£3,298/m²
Carnegie Close, GedlingNG4 2SU · detached · 9 sold · latest May 2025
£329k–£460k£3,166/m²
Horwood Drive, GedlingNG4 4NF · detached, semi-detached, terraced · 4 sold · latest Mar 2025
£276k–£308k£3,351/m²
Rawnsley Drive, GedlingNG4 2SX · detached · 3 sold · latest Jan 2025
£320k–£380k£3,040/m²
Bartles Drive, GedlingNG4 4NR · detached, semi-detached · 4 sold · latest Dec 2024
£240k–£371k£3,514/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+19.3%

New £361k · existing £303k

53 new-build sales

Semi-detached

+19.7%

New £271k · existing £227k

26 new-build sales

Flat

+6.0%

New £133k · existing £125k

5 new-build sales

Resale

Do new builds in NG4 hold their value?

Bought new, resold

+16.4%

Local market, same years

+26.0%

Kept pace

14 of 67

Typically held 3.9 years

Homes in NG4 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£553/yr

Typical 97 m² home

Typical rating

EPC B

Solar panels

54%

of homes

Heat pumps

0%

of homes

From the energy certificates of 52 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in NG4?

Over the last two years, new detached homes in NG4 sold for a median £361,000 against £302,500 for existing ones, a difference of +19.3%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in NG4 hold their value?

67 homes in NG4 bought new and later resold changed by a median +16.4%, typically after 3.9 years. The local market moved +26.0% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in NG4?

Recent new-build sales recorded by Land Registry in NG4 include Hawkers Way, Gedling, Guy Drive, Gedling, Lincoln Drive, Gedling, Stoke Lane, Gedling, Turney Drive, Gedling. New streets appear once the first homes complete.

How do I know if a new build in NG4 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers