104, CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, NG15 9DH - £580,000

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

104 CHAPEL LANE is a large extended detached house of 173m², built sometime between 1983 and 1990, which could now be worth an estimated £724,379. It was last sold for £580,000 in December 2020, which was around 93% above the average December 2020 detached price in the Gedling local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

104 CHAPEL LANE Sold Prices

Land registry data shows four sales for 104 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 104 CHAPEL LANE 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
2020 4 DEC	£580,000	£299,811	93% above HPI
2016 5 FEB	£495,000	£227,738	117% above HPI
2007 7 MAR	£310,000	£202,607	53% above HPI
1998 27 AUG	£149,950	£82,048	83% above HPI

104 CHAPEL LANE 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 four 104 CHAPEL LANE sales between August 1998 and December 2020 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 February 2016 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the December 2020 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 104 CHAPEL LANE be worth now?

104 CHAPEL LANE might now be worth an estimated £724,379.

This is based on house price inflation of 24.9%, between December 2020 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 24.9% inflationary increase is applied to the most recent sale price for 104 CHAPEL LANE of £580,000 on 4th December 2020. For the value to have increased from £580,000 to £724,379 over the four years to December 2024, the following assumptions must hold true:

• The value of 104 CHAPEL LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2020 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 104 CHAPEL LANE has not materially changed since December 2020.

How Large is 104 CHAPEL LANE?

104 CHAPEL LANE is 173m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% 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 104 CHAPEL LANE lies on this distribution: 77% of detached houses houses are smaller than 104 CHAPEL LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

104 CHAPEL LANE: Plot and Title Map

104 CHAPEL LANE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 104 CHAPEL LANE, 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 104 CHAPEL LANE). 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 104 CHAPEL LANE?

104 CHAPEL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 104 on CHAPEL LANE.