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

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

2 BOURNE DRIVE is a midsized extended detached house of 137m², built sometime between 1967 and 1975. 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	£356,972	33% above HPI
2010 8 APR	£240,000	£190,969	26% 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 26% above the HPI. So the extrapolation line tracks at 26% 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.

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 in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 2 BOURNE DRIVE lies on this distribution: 56% of detached 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.