34, CHERITON DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DG - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

34 CHERITON DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £190,000 in January 2017, which was around 19% below the average January 2017 detached price in the Gedling local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

34 CHERITON DRIVE Sold Prices

Land registry data shows two sales for 34 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 34 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
2017 27 JAN	£190,000	£235,952	19% below HPI
2010 7 DEC	£152,500	£189,989	20% below HPI

34 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 34 CHERITON DRIVE sales from December 2010 and January 2017 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 December 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 34 CHERITON DRIVE?

34 CHERITON DRIVE is 68m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 34 CHERITON DRIVE lies on this distribution: 4% of detached houses are smaller than 34 CHERITON DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

34 CHERITON DRIVE: Plot and Title Map

34 CHERITON DRIVE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 34 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 34 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 34 CHERITON DRIVE?

34 CHERITON DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 34 on CHERITON DRIVE.