1, QUARRY ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9AN - £403,000

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 QUARRY ROAD is a large extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £403,000 in August 2021, which was around 30% above the average August 2021 detached price in the Gedling local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

1 QUARRY ROAD Sold Prices

Land registry data shows three sales for 1 QUARRY ROAD 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 QUARRY ROAD 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
2021 20 AUG	£403,000	£309,784	30% above HPI
2017 20 MAR	£315,000	£233,908	35% above HPI
2014 14 NOV	£185,500	£207,088	10% below HPI

1 QUARRY ROAD 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 QUARRY ROAD sales between November 2014 and August 2021 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 March 2017 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 1 QUARRY ROAD?

1 QUARRY ROAD is 164m², which includes one extension, according to the EPC inspection conducted in December 2016. 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 QUARRY ROAD lies on this distribution: 72% of detached houses are smaller than 1 QUARRY ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

1 QUARRY ROAD: Plot and Title Map

1 QUARRY ROAD sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 1 QUARRY ROAD, 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 QUARRY ROAD). 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 QUARRY ROAD?

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