24, VERNON CRESCENT, RAVENSHEAD, NOTTINGHAM, NG15 9BL - £250,000

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 VERNON CRESCENT is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2017, which was around 7% above the average February 2017 detached price in the Gedling local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

24 VERNON CRESCENT Sold Prices

Land registry data shows two sales for 24 VERNON CRESCENT 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 VERNON CRESCENT sales was for above the average price, whilst the other was 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 10 FEB	£250,000	£233,341	7% above HPI
2008 22 AUG	£185,000	£194,879	5% below HPI

24 VERNON CRESCENT 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 VERNON CRESCENT sales from August 2008 and February 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 August 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 24 VERNON CRESCENT?

24 VERNON CRESCENT is 88m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% 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 VERNON CRESCENT lies on this distribution: 15% of detached houses are smaller than 24 VERNON CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

24 VERNON CRESCENT: Plot and Title Map

24 VERNON CRESCENT sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 24 VERNON CRESCENT, 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 VERNON CRESCENT). 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 VERNON CRESCENT?

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