37, OAKWOOD DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9DP - £287,000

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

37 OAKWOOD DRIVE is a midsized extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £368,159. It was last sold for £287,000 in November 2020, which was around 2% below the average November 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.

37 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 37 OAKWOOD DRIVE 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. Two of the three 37 OAKWOOD DRIVE sales were for below the average price, whilst one was 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 6 NOV	£287,000	£291,899	2% below HPI
2014 3 SEP	£230,000	£206,576	11% above HPI
2013 24 SEP	£185,000	£191,652	3% below HPI

37 OAKWOOD 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 three 37 OAKWOOD DRIVE sales between September 2013 and November 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 September 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 37 OAKWOOD DRIVE be worth now?

37 OAKWOOD DRIVE might now be worth an estimated £368,159.

This is based on house price inflation of 28.3%, between November 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 28.3% inflationary increase is applied to the most recent sale price for 37 OAKWOOD DRIVE of £287,000 on 6th November 2020. For the value to have increased from £287,000 to £368,159 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 37 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2020 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 37 OAKWOOD DRIVE has not materially changed since November 2020.

How Large is 37 OAKWOOD DRIVE?

37 OAKWOOD DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 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 37 OAKWOOD DRIVE lies on this distribution: 55% of detached houses houses are smaller than 37 OAKWOOD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

37 OAKWOOD DRIVE: Plot and Title Map

37 OAKWOOD DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 37 OAKWOOD 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 37 OAKWOOD 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 37 OAKWOOD DRIVE?

37 OAKWOOD DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 37 on OAKWOOD DRIVE.