138, NOTTINGHAM ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9HL - £1,525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

138 NOTTINGHAM ROAD is a very large detached house of 429m², which could now be worth an estimated £2,209,451. It was last sold for £1,525,000 in September 2017, which was around 491% above the average September 2017 detached price in the Gedling local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

138 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 138 NOTTINGHAM ROAD 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 138 NOTTINGHAM 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
2017 5 SEP	£1,525,000	£258,092	491% above HPI
2012 12 JUL	£680,000	£188,008	262% above HPI

138 NOTTINGHAM 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 two 138 NOTTINGHAM ROAD sales from July 2012 and September 2017 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 July 2012 sale was for 262% above the HPI. So the extrapolation line tracks at 262% above the HPI over time, until the September 2017 sale, where it rises to 491% above the HPI. The line then continues to track at 491% above the HPI.

What might 138 NOTTINGHAM ROAD be worth now?

138 NOTTINGHAM ROAD might now be worth an estimated £2,209,451.

This is based on house price inflation of 44.9%, between September 2017 and February 2025, 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 44.9% inflationary increase is applied to the most recent sale price for 138 NOTTINGHAM ROAD of £1,525,000 on 5th September 2017. For the value to have increased from £1,525,000 to £2,209,451 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 138 NOTTINGHAM ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2017 sale price of £1,525,000 represented a fair market value for the property.
• The size, condition, and specification of 138 NOTTINGHAM ROAD has not materially changed since September 2017.

How Large is 138 NOTTINGHAM ROAD?

138 NOTTINGHAM ROAD is 429m² according to the EPC inspection conducted in November 2013. This puts it in the largest 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 138 NOTTINGHAM ROAD lies on this distribution: 99% of detached houses houses are smaller than 138 NOTTINGHAM ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

138 NOTTINGHAM ROAD: Plot and Title Map

138 NOTTINGHAM ROAD sits on a plot of roughly 1.5 acres, or 5,968m². The below map shows the location of 138 NOTTINGHAM 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 138 NOTTINGHAM 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 138 NOTTINGHAM ROAD?

138 NOTTINGHAM ROAD is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 138 on NOTTINGHAM ROAD.