10, CHESTNUT AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9DN - £375,000

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 CHESTNUT AVENUE is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £405,667. It was last sold for £375,000 in July 2022, which was around 8% above the average July 2022 detached price in the Gedling local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

10 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 10 CHESTNUT AVENUE 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. One of the two 10 CHESTNUT AVENUE sales was for above the average price, whilst the other 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
2022 12 JUL	£375,000	£346,136	8% above HPI
2000 11 SEP	£84,950	£100,483	15% below HPI

10 CHESTNUT AVENUE 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 CHESTNUT AVENUE sales from September 2000 and July 2022 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 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 10 CHESTNUT AVENUE be worth now?

10 CHESTNUT AVENUE might now be worth an estimated £405,667.

This is based on house price inflation of 8.2%, between July 2022 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 8.2% inflationary increase is applied to the most recent sale price for 10 CHESTNUT AVENUE of £375,000 on 12th July 2022. For the value to have increased from £375,000 to £405,667 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 10 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CHESTNUT AVENUE has not materially changed since July 2022.

How Large is 10 CHESTNUT AVENUE?

10 CHESTNUT AVENUE is 90m² according to the EPC inspection conducted in February 2022. 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 CHESTNUT AVENUE lies on this distribution: 17% of detached houses houses are smaller than 10 CHESTNUT AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

10 CHESTNUT AVENUE: Plot and Title Map

10 CHESTNUT AVENUE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 10 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

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