10, BOURNE DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9FN - £500,000

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

10 BOURNE DRIVE is a large extended detached house of 156m², built sometime between 1967 and 1975. It was last sold for £500,000 in July 2023, which was around 43% above the average July 2023 detached price in the Gedling local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

10 BOURNE DRIVE Sold Prices

Land registry data shows two sales for 10 BOURNE 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 10 BOURNE 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
2023 7 JUL	£500,000	£348,734	43% above HPI
2018 4 SEP	£365,000	£264,807	38% above HPI

10 BOURNE DRIVE 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 two 10 BOURNE DRIVE sales from September 2018 and July 2023 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 September 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 10 BOURNE DRIVE?

10 BOURNE DRIVE is 156m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 10 BOURNE DRIVE lies on this distribution: 69% of detached houses are smaller than 10 BOURNE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

10 BOURNE DRIVE: Plot and Title Map

10 BOURNE DRIVE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 10 BOURNE DRIVE, 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 10 BOURNE DRIVE). 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 10 BOURNE DRIVE?

10 BOURNE DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 10 on BOURNE DRIVE.