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

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

104 CHAPEL LANE is a large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £580,000 in December 2020, which was around 94% 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	£298,934	94% above HPI
2016 5 FEB	£495,000	£227,072	118% above HPI
2007 7 MAR	£310,000	£202,015	53% above HPI
1998 27 AUG	£149,950	£81,808	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 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the December 2020 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

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 in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 104 CHAPEL LANE lies on this distribution: 76% of detached 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.