27, CHERITON DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DG - £182,500

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

27 CHERITON DRIVE is a small detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £363,746. It was last sold for £182,500 in July 2011, which was around 3% below the average July 2011 detached price in the Gedling local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

27 CHERITON DRIVE Sold Prices

Land registry data shows two sales for 27 CHERITON DRIVE 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 27 CHERITON DRIVE sales were 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
2011 29 JUL	£182,500	£187,867	3% below HPI
1996 23 OCT	£63,500	£77,053	18% below HPI

27 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 two 27 CHERITON DRIVE sales from October 1996 and July 2011 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 October 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2011 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 27 CHERITON DRIVE be worth now?

27 CHERITON DRIVE might now be worth an estimated £363,746.

This is based on house price inflation of 99.3%, between July 2011 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 99.3% inflationary increase is applied to the most recent sale price for 27 CHERITON DRIVE of £182,500 on 29th July 2011. For the value to have increased from £182,500 to £363,746 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 27 CHERITON DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2011 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 27 CHERITON DRIVE has not materially changed since July 2011.

How Large is 27 CHERITON DRIVE?

27 CHERITON DRIVE is 99m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 27 CHERITON DRIVE lies on this distribution: 25% of detached houses houses are smaller than 27 CHERITON DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

27 CHERITON DRIVE: Plot and Title Map

27 CHERITON DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 27 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 27 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 27 CHERITON DRIVE?

27 CHERITON DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 27 on CHERITON DRIVE.