28, CHERITON DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DG - £203,000

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

28 CHERITON DRIVE is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £203,000 in August 2012, which was around 7% above the average August 2012 detached price in the Gedling local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

28 CHERITON DRIVE Sold Prices

Land registry data shows three sales for 28 CHERITON 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. The three 28 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
2012 24 AUG	£203,000	£189,368	7% above HPI
2006 29 SEP	£194,000	£203,655	5% below HPI
1996 12 DEC	£75,000	£75,280	Close to HPI

28 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 three 28 CHERITON DRIVE sales between December 1996 and August 2012 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 September 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 28 CHERITON DRIVE?

28 CHERITON DRIVE is 116m², which includes two extensions, according to the EPC inspection conducted in June 2012. 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 28 CHERITON DRIVE lies on this distribution: 40% of detached houses are smaller than 28 CHERITON DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

28 CHERITON DRIVE: Plot and Title Map

28 CHERITON DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 28 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 28 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 28 CHERITON DRIVE?

28 CHERITON DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 28 on CHERITON DRIVE.