23, CHERITON DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DG - £283,000

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

23 CHERITON DRIVE is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £283,000 in October 2019, which was around 4% above the average October 2019 detached price in the Gedling local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

23 CHERITON DRIVE Sold Prices

Land registry data shows six sales for 23 CHERITON DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. The six 23 CHERITON DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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
2019 3 OCT	£283,000	£271,842	4% above HPI
2017 29 MAR	£275,000	£233,908	18% above HPI
2008 7 MAR	£203,000	£202,128	Close to HPI
2005 12 SEP	£175,500	£198,608	12% below HPI
2001 9 APR	£99,950	£104,665	5% below HPI
1995 10 APR	£81,000	£71,207	14% above HPI

23 CHERITON 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 six 23 CHERITON DRIVE sales between April 1995 and October 2019 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 March 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 23 CHERITON DRIVE?

23 CHERITON DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 23 CHERITON DRIVE lies on this distribution: 35% of detached houses are smaller than 23 CHERITON DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

23 CHERITON DRIVE: Plot and Title Map

23 CHERITON DRIVE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 23 CHERITON 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 23 CHERITON 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 23 CHERITON DRIVE?

23 CHERITON DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 23 on CHERITON DRIVE.