38, SWALLOW CRESCENT, RAVENSHEAD, NOTTINGHAM, NG15 9JJ - £292,500

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

38 SWALLOW CRESCENT is a very small detached house of 88m², built sometime between 2007 and 2011, which could now be worth an estimated £306,433. It was last sold for £292,500 in July 2024, which was around 18% below the average July 2024 detached price in the Gedling local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

38 SWALLOW CRESCENT Sold Prices

Land registry data shows three sales for 38 SWALLOW CRESCENT 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 38 SWALLOW CRESCENT 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
2024 17 JUL	£292,500	£357,418	18% below HPI
2018 16 NOV	£247,000	£270,373	9% below HPI
2011 30 SEP	£181,000	£190,011	5% below HPI

38 SWALLOW CRESCENT 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 38 SWALLOW CRESCENT sales between September 2011 and July 2024 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 November 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 SWALLOW CRESCENT be worth now?

38 SWALLOW CRESCENT might now be worth an estimated £306,433.

This is based on house price inflation of 4.8%, between July 2024 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 4.8% inflationary increase is applied to the most recent sale price for 38 SWALLOW CRESCENT of £292,500 on 17th July 2024. For the value to have increased from £292,500 to £306,433 over the seven months to December 2024, the following assumptions must hold true:

• The value of 38 SWALLOW CRESCENT has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2024 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 38 SWALLOW CRESCENT has not materially changed since July 2024.

How Large is 38 SWALLOW CRESCENT?

38 SWALLOW CRESCENT is 88m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 38 SWALLOW CRESCENT lies on this distribution: 15% of detached houses houses are smaller than 38 SWALLOW CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

38 SWALLOW CRESCENT: Plot and Title Map

38 SWALLOW CRESCENT sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 38 SWALLOW CRESCENT, 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 38 SWALLOW CRESCENT). 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 38 SWALLOW CRESCENT?

38 SWALLOW CRESCENT is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 38 on SWALLOW CRESCENT.