19, OAKWOOD DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DP - £345,000

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

19 OAKWOOD DRIVE is a midsized extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £345,000 in January 2023, which was around 4% below the average January 2023 detached price in the Gedling local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

19 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 19 OAKWOOD DRIVE 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 19 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
2023 6 JAN	£345,000	£357,935	4% below HPI
2022 13 JUL	£280,000	£345,124	19% below HPI

19 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 two 19 OAKWOOD DRIVE sales from July 2022 and January 2023 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 2022 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 19 OAKWOOD DRIVE?

19 OAKWOOD DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 19 OAKWOOD DRIVE lies on this distribution: 58% of detached houses are smaller than 19 OAKWOOD DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

19 OAKWOOD DRIVE: Plot and Title Map

19 OAKWOOD DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 19 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 19 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 19 OAKWOOD DRIVE?

19 OAKWOOD DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 19 on OAKWOOD DRIVE.