4, CHAPEL FIELDS, RAVENSHEAD, NOTTINGHAM, NG15 9DT - £220,000

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

4 CHAPEL FIELDS is a small extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £220,000 in December 2013, which was around 14% above the average December 2013 detached price in the Gedling local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

4 CHAPEL FIELDS Sold Prices

Land registry data shows two sales for 4 CHAPEL FIELDS 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 4 CHAPEL FIELDS 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
2013 16 DEC	£220,000	£193,541	14% above HPI
2008 2 MAY	£234,950	£199,578	18% above HPI

4 CHAPEL FIELDS 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 4 CHAPEL FIELDS sales from May 2008 and December 2013 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 May 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 CHAPEL FIELDS?

4 CHAPEL FIELDS is 116m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 4 CHAPEL FIELDS lies on this distribution: 40% of detached houses are smaller than 4 CHAPEL FIELDS, and 59% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

4 CHAPEL FIELDS: Plot and Title Map

4 CHAPEL FIELDS sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 CHAPEL FIELDS, 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 4 CHAPEL FIELDS). 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 4 CHAPEL FIELDS?

4 CHAPEL FIELDS is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 4 on CHAPEL FIELDS.