21, OAKWOOD DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DP - £330,000

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

21 OAKWOOD DRIVE is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £343,062. It was last sold for £330,000 in September 2022, which was around 8% below the average September 2022 detached price in the Gedling local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

21 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 21 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Two of the three 21 OAKWOOD DRIVE sales were for below the average price, whilst one was 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
2022 9 SEP	£330,000	£360,186	8% below HPI
2012 24 AUG	£195,000	£189,923	3% above HPI
1998 12 NOV	£70,500	£83,944	16% below HPI

21 OAKWOOD 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 three 21 OAKWOOD DRIVE sales between November 1998 and September 2022 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 August 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 21 OAKWOOD DRIVE be worth now?

21 OAKWOOD DRIVE might now be worth an estimated £343,062.

This is based on house price inflation of 4%, between September 2022 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 4% inflationary increase is applied to the most recent sale price for 21 OAKWOOD DRIVE of £330,000 on 9th September 2022. For the value to have increased from £330,000 to £343,062 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 21 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 21 OAKWOOD DRIVE has not materially changed since September 2022.

How Large is 21 OAKWOOD DRIVE?

21 OAKWOOD DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% 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 21 OAKWOOD DRIVE lies on this distribution: 17% of detached houses houses are smaller than 21 OAKWOOD DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

21 OAKWOOD DRIVE: Plot and Title Map

21 OAKWOOD DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 21 OAKWOOD 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 21 OAKWOOD 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 21 OAKWOOD DRIVE?

21 OAKWOOD DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 21 on OAKWOOD DRIVE.