11, LEA ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9EG - £385,000

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 LEA ROAD is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £385,000 in June 2020, which was around 39% above the average June 2020 detached price in the Gedling local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

11 LEA ROAD Sold Prices

Land registry data shows three sales for 11 LEA ROAD 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. All of the three 11 LEA ROAD 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 15 JUN	£385,000	£276,915	39% above HPI
2012 30 AUG	£306,000	£189,368	62% above HPI
2006 27 JAN	£245,000	£198,357	24% above HPI

11 LEA ROAD 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 11 LEA ROAD sales between January 2006 and June 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 August 2012 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the June 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 11 LEA ROAD?

11 LEA ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% 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 LEA ROAD lies on this distribution: 65% of detached houses are smaller than 11 LEA ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

11 LEA ROAD: Plot and Title Map

11 LEA ROAD sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 11 LEA ROAD, 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 LEA ROAD). 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 LEA ROAD?

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