14, LEA ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9EG - £283,000

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.

14 LEA ROAD is a large extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £495,232. It was last sold for £283,000 in November 2014, which was around 36% above the average November 2014 detached price in the Gedling local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

14 LEA ROAD Sold Prices

Land registry data shows two sales for 14 LEA 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 14 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
2014 17 NOV	£283,000	£207,695	36% above HPI
1997 12 FEB	£111,000	£75,402	47% above HPI

14 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 two 14 LEA ROAD sales from February 1997 and November 2014 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 February 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2014 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 14 LEA ROAD be worth now?

14 LEA ROAD might now be worth an estimated £495,232.

This is based on house price inflation of 75%, between November 2014 and June 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 75% inflationary increase is applied to the most recent sale price for 14 LEA ROAD of £283,000 on 17th November 2014. For the value to have increased from £283,000 to £495,232 over the eleven years and five months to June 2025, the following assumptions must hold true:

• The value of 14 LEA ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2014 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LEA ROAD has not materially changed since November 2014.

How Large is 14 LEA ROAD?

14 LEA ROAD is 153m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 14 LEA ROAD lies on this distribution: 66% of detached houses houses are smaller than 14 LEA ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

14 LEA ROAD: Plot and Title Map

14 LEA ROAD sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of 14 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 14 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 14 LEA ROAD?

14 LEA ROAD is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 14 on LEA ROAD.