3, BIRCH CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9EF - £375,000

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

3 BIRCH CLOSE is a midsized detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £498,263. It was last sold for £375,000 in July 2020, which was around 33% above the average July 2020 detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

3 BIRCH CLOSE Sold Prices

Land registry data shows three sales for 3 BIRCH CLOSE 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. All of the three 3 BIRCH CLOSE 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
2020 9 JUL	£375,000	£281,811	33% above HPI
2016 1 APR	£350,000	£227,489	54% above HPI
2014 5 DEC	£230,000	£208,292	10% above HPI

3 BIRCH CLOSE 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 3 BIRCH CLOSE sales between December 2014 and July 2020 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 April 2016 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 BIRCH CLOSE be worth now?

3 BIRCH CLOSE might now be worth an estimated £498,263.

This is based on house price inflation of 32.9%, between July 2020 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 32.9% inflationary increase is applied to the most recent sale price for 3 BIRCH CLOSE of £375,000 on 9th July 2020. For the value to have increased from £375,000 to £498,263 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 BIRCH CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BIRCH CLOSE has not materially changed since July 2020.

How Large is 3 BIRCH CLOSE?

3 BIRCH CLOSE is 120m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% 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 3 BIRCH CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 BIRCH CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

3 BIRCH CLOSE: Plot and Title Map

3 BIRCH CLOSE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 3 BIRCH CLOSE, 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 3 BIRCH CLOSE). 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 3 BIRCH CLOSE?

3 BIRCH CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 3 on BIRCH CLOSE.