2, WALTHAM ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9FP - £370,000

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 WALTHAM ROAD is a large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £370,000 in July 2023, which was around 6% above the average July 2023 detached price in the Gedling local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was C.

2 WALTHAM ROAD Sold Prices

Land registry data shows two sales for 2 WALTHAM 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 WALTHAM 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
2023 5 JUL	£370,000	£348,734	6% above HPI
2002 19 JUL	£188,000	£140,533	34% above HPI

2 WALTHAM 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 WALTHAM ROAD sales from July 2002 and July 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 July 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 WALTHAM ROAD?

2 WALTHAM ROAD is 148m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% 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 WALTHAM ROAD lies on this distribution: 65% of detached houses are smaller than 2 WALTHAM ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

2 WALTHAM ROAD: Plot and Title Map

2 WALTHAM ROAD sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 2 WALTHAM 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 WALTHAM 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 WALTHAM ROAD?

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