10, CHAPEL FIELDS, RAVENSHEAD, NOTTINGHAM, NG15 9DT - £307,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 CHAPEL FIELDS is a very small detached house of 91m², built sometime from 2007 onwards, which could now be worth an estimated £319,032. It was last sold for £307,500 in August 2024, which was around 15% below the average August 2024 detached price in the Gedling local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

10 CHAPEL FIELDS Sold Prices

Land registry data shows three sales for 10 CHAPEL FIELDS 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 10 CHAPEL FIELDS sales were for below the average price, whilst one was 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
2024 28 AUG	£307,500	£360,908	15% below HPI
2015 16 OCT	£220,000	£223,495	2% below HPI
2009 24 APR	£180,000	£176,310	2% above HPI

10 CHAPEL FIELDS 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 10 CHAPEL FIELDS sales between April 2009 and August 2024 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 October 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 10 CHAPEL FIELDS be worth now?

10 CHAPEL FIELDS might now be worth an estimated £319,032.

This is based on house price inflation of 3.8%, between August 2024 and December 2024, 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 3.8% inflationary increase is applied to the most recent sale price for 10 CHAPEL FIELDS of £307,500 on 28th August 2024. For the value to have increased from £307,500 to £319,032 over the eight months to December 2024, the following assumptions must hold true:

• The value of 10 CHAPEL FIELDS has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2024 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 10 CHAPEL FIELDS has not materially changed since August 2024.

How Large is 10 CHAPEL FIELDS?

10 CHAPEL FIELDS is 91m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ravenshead, and where 10 CHAPEL FIELDS lies on this distribution: 17% of detached houses houses are smaller than 10 CHAPEL FIELDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

10 CHAPEL FIELDS: Plot and Title Map

10 CHAPEL FIELDS sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 10 CHAPEL FIELDS, 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 CHAPEL FIELDS). 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 CHAPEL FIELDS?

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