128, CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, NG15 9DJ - £650,000

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

128 CHAPEL LANE is a very large detached house of 325m², built sometime between 1991 and 1995. It was last sold for £650,000 in December 2015, which was around 186% above the average December 2015 detached price in the Gedling local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

128 CHAPEL LANE Sold Prices

Land registry data shows two sales for 128 CHAPEL LANE 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 128 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
2015 11 DEC	£650,000	£226,972	186% above HPI
1995 4 OCT	£250,000	£74,446	236% above HPI

128 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 two 128 CHAPEL LANE sales from October 1995 and December 2015 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 October 1995 sale was for 236% above the HPI. So the extrapolation line tracks at 236% above the HPI over time, until the December 2015 sale, where it falls to 186% above the HPI. The line then continues to track at 186% above the HPI.

How Large is 128 CHAPEL LANE?

128 CHAPEL LANE is 325m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 128 CHAPEL LANE lies on this distribution: 96% of detached houses are smaller than 128 CHAPEL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

128 CHAPEL LANE: Plot and Title Map

128 CHAPEL LANE sits on a plot of roughly 0.547 of an acre, or 2,215m². The below map shows the location of 128 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 128 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 128 CHAPEL LANE?

128 CHAPEL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 128 on CHAPEL LANE.