2, HEREFORD ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9FJ - £355,000

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 HEREFORD ROAD is a large extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £670,984. It was last sold for £355,000 in April 2014, which was around 79% above the average April 2014 detached price in the Gedling local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

2 HEREFORD ROAD Sold Prices

Land registry data shows two sales for 2 HEREFORD ROAD 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 HEREFORD ROAD 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
2014 17 APR	£355,000	£198,108	79% above HPI
2005 14 JUL	£237,500	£200,527	18% above HPI

2 HEREFORD ROAD 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 HEREFORD ROAD sales from July 2005 and April 2014 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 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2014 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 2 HEREFORD ROAD be worth now?

2 HEREFORD ROAD might now be worth an estimated £670,984.

This is based on house price inflation of 89%, between April 2014 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 89% inflationary increase is applied to the most recent sale price for 2 HEREFORD ROAD of £355,000 on 17th April 2014. For the value to have increased from £355,000 to £670,984 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 2 HEREFORD ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2014 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEREFORD ROAD has not materially changed since April 2014.

How Large is 2 HEREFORD ROAD?

2 HEREFORD ROAD is 155m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 40% 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 HEREFORD ROAD lies on this distribution: 68% of detached houses houses are smaller than 2 HEREFORD ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

2 HEREFORD ROAD: Plot and Title Map

2 HEREFORD ROAD sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 2 HEREFORD ROAD, 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 HEREFORD ROAD). 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 HEREFORD ROAD?

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