12, PRIORY AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9BT - £245,000

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

12 PRIORY AVENUE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £294,903. It was last sold for £245,000 in June 2021, which was around 21% below the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

12 PRIORY AVENUE Sold Prices

Land registry data shows six sales for 12 PRIORY AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Most of the six 12 PRIORY AVENUE 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
2021 25 JUN	£245,000	£311,080	21% below HPI
2014 22 SEP	£180,000	£206,576	13% below HPI
2013 21 NOV	£175,000	£191,565	9% below HPI
2008 11 JAN	£206,950	£204,032	1% above HPI
2005 24 JUN	£178,000	£199,423	11% below HPI
2002 22 FEB	£94,950	£126,885	25% below HPI

12 PRIORY AVENUE 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 six 12 PRIORY AVENUE sales between February 2002 and June 2021 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 September 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 PRIORY AVENUE be worth now?

12 PRIORY AVENUE might now be worth an estimated £294,903.

This is based on house price inflation of 20.4%, between June 2021 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 20.4% inflationary increase is applied to the most recent sale price for 12 PRIORY AVENUE of £245,000 on 25th June 2021. For the value to have increased from £245,000 to £294,903 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 12 PRIORY AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PRIORY AVENUE has not materially changed since June 2021.

How Large is 12 PRIORY AVENUE?

12 PRIORY AVENUE is 103m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 12 PRIORY AVENUE lies on this distribution: 28% of detached houses houses are smaller than 12 PRIORY AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

12 PRIORY AVENUE: Plot and Title Map

12 PRIORY AVENUE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 12 PRIORY AVENUE, 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 12 PRIORY AVENUE). 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 12 PRIORY AVENUE?

12 PRIORY AVENUE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 12 on PRIORY AVENUE.