11, CASTLETON CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9EY - £115,000

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

11 CASTLETON CLOSE is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £115,000 in November 2002, which was around 26% below the average November 2002 detached price in the Gedling local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was C.

11 CASTLETON CLOSE Sold Prices

Land registry data shows two sales for 11 CASTLETON CLOSE 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 11 CASTLETON CLOSE sales were 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
2002 29 NOV	£115,000	£155,987	26% below HPI
1998 2 MAR	£63,500	£79,016	20% below HPI

11 CASTLETON CLOSE 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 11 CASTLETON CLOSE sales from March 1998 and November 2002 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 March 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2002 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 11 CASTLETON CLOSE?

11 CASTLETON CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 11 CASTLETON CLOSE lies on this distribution: 12% of detached houses are smaller than 11 CASTLETON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

11 CASTLETON CLOSE: Plot and Title Map

11 CASTLETON CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 11 CASTLETON CLOSE, 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 11 CASTLETON CLOSE). 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 11 CASTLETON CLOSE?

11 CASTLETON CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 11 on CASTLETON CLOSE.