15, OAKWOOD DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DP - £350,000

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.

15 OAKWOOD DRIVE is a very small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £348,348. It was last sold for £350,000 in December 2024, which was around 4% below the average December 2024 detached price in the Gedling local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

15 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 15 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 15 OAKWOOD DRIVE 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
2024 19 DEC	£350,000	£365,177	4% below HPI
2018 17 SEP	£250,000	£265,583	6% below HPI
2017 4 OCT	£182,000	£258,214	30% below HPI

15 OAKWOOD DRIVE 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 three 15 OAKWOOD DRIVE sales between October 2017 and December 2024 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 OAKWOOD DRIVE be worth now?

15 OAKWOOD DRIVE might now be worth an estimated £348,348.

This is based on house price deflation of 0.5%, between December 2024 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 0.5% deflationary decrease is applied to the most recent sale price for 15 OAKWOOD DRIVE of £350,000 on 19th December 2024. For the value to have decreased from £350,000 to £348,348 over the one year and six months to June 2025, the following assumptions must hold true:

• The value of 15 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKWOOD DRIVE has not materially changed since December 2024.

How Large is 15 OAKWOOD DRIVE?

15 OAKWOOD DRIVE is 88m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% 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 15 OAKWOOD DRIVE lies on this distribution: 14% of detached houses houses are smaller than 15 OAKWOOD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

15 OAKWOOD DRIVE: Plot and Title Map

15 OAKWOOD DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 15 OAKWOOD DRIVE, 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 15 OAKWOOD DRIVE). 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 15 OAKWOOD DRIVE?

15 OAKWOOD DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 15 on OAKWOOD DRIVE.