28, CHESTNUT AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9DN - £215,000

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 CHESTNUT AVENUE is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £215,000 in August 2013, which was around 11% above the average August 2013 detached price in the Gedling local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

28 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 28 CHESTNUT AVENUE 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 28 CHESTNUT AVENUE sales were 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
2013 16 AUG	£215,000	£193,406	11% above HPI
2002 16 AUG	£159,950	£141,343	13% above HPI

28 CHESTNUT AVENUE 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 28 CHESTNUT AVENUE sales from August 2002 and August 2013 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2013 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 28 CHESTNUT AVENUE?

28 CHESTNUT AVENUE is 126m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% 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 CHESTNUT AVENUE lies on this distribution: 47% of detached houses are smaller than 28 CHESTNUT AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

28 CHESTNUT AVENUE: Plot and Title Map

28 CHESTNUT AVENUE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 28 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

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