2, ROWAN AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9GA - £225,000

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 ROWAN AVENUE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £225,000 in November 2017, which was around 11% below the average November 2017 detached price in the Gedling local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

2 ROWAN AVENUE Sold Prices

Land registry data shows two sales for 2 ROWAN AVENUE 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 ROWAN AVENUE 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
2017 20 NOV	£225,000	£254,093	11% below HPI
2016 24 FEB	£185,000	£227,072	19% below HPI

2 ROWAN AVENUE 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 ROWAN AVENUE sales from February 2016 and November 2017 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 February 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 ROWAN AVENUE?

2 ROWAN AVENUE is 94m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% 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 ROWAN AVENUE lies on this distribution: 21% of detached houses are smaller than 2 ROWAN AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

2 ROWAN AVENUE: Plot and Title Map

2 ROWAN AVENUE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 ROWAN AVENUE, 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 ROWAN AVENUE). 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 ROWAN AVENUE?

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