2, LEA CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9EH - £512,000

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 LEA CLOSE is a large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £512,000 in December 2024, which was around 37% above the average December 2024 detached price in the Gedling local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

2 LEA CLOSE Sold Prices

Land registry data shows two sales for 2 LEA CLOSE 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 LEA CLOSE 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
2024 17 DEC	£512,000	£374,443	37% above HPI
2007 6 JUL	£275,000	£204,174	35% above HPI

2 LEA CLOSE 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 LEA CLOSE sales from July 2007 and December 2024 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 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2024 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 2 LEA CLOSE?

2 LEA CLOSE is 165m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% 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 LEA CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 LEA CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

2 LEA CLOSE: Plot and Title Map

2 LEA CLOSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 2 LEA CLOSE, 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 LEA CLOSE). 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 LEA CLOSE?

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