24, THE HEYES, RAVENSHEAD, NOTTINGHAM, NG15 9AU - £260,000

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

24 THE HEYES is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £260,000 in March 2023, which was around 27% below the average March 2023 detached price in the Gedling local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

24 THE HEYES Sold Prices

Land registry data shows two sales for 24 THE HEYES 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. One of the two 24 THE HEYES sales was for below the average price, whilst the other 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
2023 10 MAR	£260,000	£357,022	27% below HPI
2010 11 JUN	£215,000	£189,310	14% above HPI

24 THE HEYES 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 24 THE HEYES sales from June 2010 and March 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 June 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 THE HEYES?

24 THE HEYES is 68m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 24 THE HEYES lies on this distribution: 4% of detached houses are smaller than 24 THE HEYES, and 95% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

24 THE HEYES: Plot and Title Map

24 THE HEYES sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 24 THE HEYES, 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 24 THE HEYES). 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 24 THE HEYES?

24 THE HEYES is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 24 on THE HEYES.