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

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

14 LEA ROAD is a large extended detached house of 153m², built sometime between 1967 and 1975. It was last sold for £283,000 in November 2014, which was around 37% 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	£207,088	37% above HPI
1997 12 FEB	£111,000	£75,181	48% 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 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

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 in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 14 LEA ROAD lies on this distribution: 67% of detached houses are smaller than 14 LEA ROAD, and 32% 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.