32, MILTON DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9BE - £595,000

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

32 MILTON DRIVE is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £595,000 in April 2023, which was around 69% above the average April 2023 detached price in the Gedling local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was D.

32 MILTON DRIVE Sold Prices

Land registry data shows two sales for 32 MILTON 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. One of the two 32 MILTON DRIVE 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
2023 27 APR	£595,000	£352,953	69% above HPI
2022 7 MAR	£295,000	£331,760	11% below HPI

32 MILTON 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 32 MILTON DRIVE sales from March 2022 and April 2023 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 March 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2023 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 32 MILTON DRIVE?

32 MILTON DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 32 MILTON DRIVE lies on this distribution: 17% of detached houses are smaller than 32 MILTON DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

32 MILTON DRIVE: Plot and Title Map

32 MILTON DRIVE sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 32 MILTON 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 32 MILTON 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 32 MILTON DRIVE?

32 MILTON DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 32 on MILTON DRIVE.