4, CHERNSIDE, RAVENSHEAD, NOTTINGHAM, NG15 9GD - £290,000

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 CHERNSIDE is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £290,000 in June 2019, which was around 9% above the average June 2019 detached price in the Gedling local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

4 CHERNSIDE Sold Prices

Land registry data shows two sales for 4 CHERNSIDE 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 CHERNSIDE 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 26 JUN	£290,000	£266,861	9% above HPI
2003 10 JUL	£200,000	£176,619	13% above HPI

4 CHERNSIDE 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 CHERNSIDE sales from July 2003 and June 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 July 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 4 CHERNSIDE?

4 CHERNSIDE is 125m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% 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 CHERNSIDE lies on this distribution: 46% of detached houses are smaller than 4 CHERNSIDE, and 53% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

4 CHERNSIDE: Plot and Title Map

4 CHERNSIDE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 4 CHERNSIDE, 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 CHERNSIDE). 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 CHERNSIDE?

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