1, COPSE CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9HU - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 COPSE CLOSE is a large detached house of 179m², built sometime between 1996 and 2002. It was last sold for £450,000 in September 2018, which was around 70% above the average September 2018 detached price in the Gedling local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 COPSE CLOSE Sold Prices

Land registry data shows three sales for 1 COPSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Two of the three 1 COPSE CLOSE sales were for above the average price, whilst one 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
2018 14 SEP	£450,000	£264,807	70% above HPI
2017 11 DEC	£3,000	£253,072	99% below HPI
1997 26 JUN	£178,500	£77,163	131% above HPI

1 COPSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 1 COPSE CLOSE sales between June 1997 and September 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2017 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the September 2018 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 1 COPSE CLOSE?

1 COPSE CLOSE is 179m² according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 1 COPSE CLOSE lies on this distribution: 78% of detached houses are smaller than 1 COPSE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

1 COPSE CLOSE: Plot and Title Map

1 COPSE CLOSE sits on a plot of roughly 0.396 of an acre, or 1,601m². The below map shows the location of 1 COPSE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 COPSE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 COPSE CLOSE?

1 COPSE CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 1 on COPSE CLOSE.