11, STANLEY CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9GE - £182,500

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

11 STANLEY CLOSE is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £339,304. It was last sold for £182,500 in August 2006, which was around 9% below the average August 2006 detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

11 STANLEY CLOSE Sold Prices

Land registry data shows two sales for 11 STANLEY 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 STANLEY 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
2006 24 AUG	£182,500	£201,400	9% below HPI
2000 25 AUG	£80,300	£98,682	19% below HPI

11 STANLEY 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 STANLEY CLOSE sales from August 2000 and August 2006 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 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2006 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 11 STANLEY CLOSE be worth now?

11 STANLEY CLOSE might now be worth an estimated £339,304.

This is based on house price inflation of 85.9%, between August 2006 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 85.9% inflationary increase is applied to the most recent sale price for 11 STANLEY CLOSE of £182,500 on 24th August 2006. For the value to have increased from £182,500 to £339,304 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of 11 STANLEY CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2006 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 11 STANLEY CLOSE has not materially changed since August 2006.

How Large is 11 STANLEY CLOSE?

11 STANLEY CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% 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 11 STANLEY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 11 STANLEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

11 STANLEY CLOSE: Plot and Title Map

11 STANLEY CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 11 STANLEY 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 STANLEY 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 STANLEY CLOSE?

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