2, BOURNE DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9FN - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BOURNE DRIVE is a midsized extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £496,821. It was last sold for £475,000 in August 2023, which was around 33% above the average August 2023 detached price in the Gedling local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 BOURNE DRIVE Sold Prices

Land registry data shows two sales for 2 BOURNE 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 2 BOURNE DRIVE 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
2023 11 AUG	£475,000	£357,997	33% above HPI
2010 8 APR	£240,000	£191,529	25% above HPI

2 BOURNE 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 2 BOURNE DRIVE sales from April 2010 and August 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 April 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 BOURNE DRIVE be worth now?

2 BOURNE DRIVE might now be worth an estimated £496,821.

This is based on house price inflation of 4.6%, between August 2023 and December 2024, 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 4.6% inflationary increase is applied to the most recent sale price for 2 BOURNE DRIVE of £475,000 on 11th August 2023. For the value to have increased from £475,000 to £496,821 over the eight months to December 2024, the following assumptions must hold true:

• The value of 2 BOURNE DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BOURNE DRIVE has not materially changed since August 2023.

How Large is 2 BOURNE DRIVE?

2 BOURNE DRIVE is 137m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% 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 2 BOURNE DRIVE lies on this distribution: 56% of detached houses houses are smaller than 2 BOURNE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

2 BOURNE DRIVE: Plot and Title Map

2 BOURNE DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 BOURNE 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 2 BOURNE 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 2 BOURNE DRIVE?

2 BOURNE DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 2 on BOURNE DRIVE.