34, CHESTNUT AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9DN - £391,500

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

34 CHESTNUT AVENUE is a very large extended detached house of 203m², built sometime between 1967 and 1975, which could now be worth an estimated £535,990. It was last sold for £391,500 in November 2019, which was around 43% above the average November 2019 detached price in the Gedling local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

34 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 34 CHESTNUT AVENUE 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 34 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
2019 15 NOV	£391,500	£273,502	43% above HPI
2007 8 JUN	£365,000	£204,867	78% above HPI
2001 12 NOV	£182,500	£121,851	50% above HPI

34 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 three 34 CHESTNUT AVENUE sales between November 2001 and November 2019 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 June 2007 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2019 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 34 CHESTNUT AVENUE be worth now?

34 CHESTNUT AVENUE might now be worth an estimated £535,990.

This is based on house price inflation of 36.9%, between November 2019 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 36.9% inflationary increase is applied to the most recent sale price for 34 CHESTNUT AVENUE of £391,500 on 15th November 2019. For the value to have increased from £391,500 to £535,990 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 34 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2019 sale price of £391,500 represented a fair market value for the property.
• The size, condition, and specification of 34 CHESTNUT AVENUE has not materially changed since November 2019.

How Large is 34 CHESTNUT AVENUE?

34 CHESTNUT AVENUE is 203m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% 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 34 CHESTNUT AVENUE lies on this distribution: 83% of detached houses houses are smaller than 34 CHESTNUT AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

34 CHESTNUT AVENUE: Plot and Title Map

34 CHESTNUT AVENUE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 34 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 34 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 34 CHESTNUT AVENUE?

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