18, CHESTNUT AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9DN - £260,000

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

18 CHESTNUT AVENUE is a very small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £260,000 in November 2018, which was around 4% below the average November 2018 detached price in the Gedling local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

18 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 18 CHESTNUT AVENUE 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. One of the two 18 CHESTNUT AVENUE sales was for below the average price, whilst the other was 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
2018 29 NOV	£260,000	£269,582	4% below HPI
2012 21 SEP	£212,000	£188,929	12% above HPI

18 CHESTNUT AVENUE 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 18 CHESTNUT AVENUE sales from September 2012 and November 2018 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 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 CHESTNUT AVENUE?

18 CHESTNUT AVENUE is 93m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 18 CHESTNUT AVENUE lies on this distribution: 20% of detached houses are smaller than 18 CHESTNUT AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

18 CHESTNUT AVENUE: Plot and Title Map

18 CHESTNUT AVENUE sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 18 CHESTNUT AVENUE, 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 18 CHESTNUT AVENUE). 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 18 CHESTNUT AVENUE?

18 CHESTNUT AVENUE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 18 on CHESTNUT AVENUE.