4, DOWNHAM GARDENS, RAVENSHEAD, NOTTINGHAM, NG15 9DF - £280,000

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 DOWNHAM GARDENS is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £280,000 in January 2024, which was around 22% below the average January 2024 detached price in the Gedling local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was B.

4 DOWNHAM GARDENS Sold Prices

Land registry data shows two sales for 4 DOWNHAM GARDENS 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 DOWNHAM GARDENS 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 12 JAN	£280,000	£360,726	22% below HPI
2009 25 SEP	£147,500	£180,572	18% below HPI

4 DOWNHAM GARDENS 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 DOWNHAM GARDENS sales from September 2009 and January 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 September 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 DOWNHAM GARDENS?

4 DOWNHAM GARDENS is 65m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 DOWNHAM GARDENS lies on this distribution: 3% of detached houses are smaller than 4 DOWNHAM GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

4 DOWNHAM GARDENS: Plot and Title Map

4 DOWNHAM GARDENS sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 4 DOWNHAM GARDENS, 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 DOWNHAM GARDENS). 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 DOWNHAM GARDENS?

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