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 HIGH LEYS DRIVE is a very large extended detached house of 237m², built sometime between 1996 and 2002. It was last sold for £495,000 in May 2011, which was around 166% above the average May 2011 detached price in the Gedling local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 4 HIGH LEYS DRIVE since 1st 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 HIGH LEYS DRIVE 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 |
---|---|---|---|
2011 12 MAY | £495,000 | £185,914 | 166% above HPI |
1996 29 NOV | £171,950 | £75,364 | 128% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 4 HIGH LEYS DRIVE sales from November 1996 and May 2011 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 1996 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the May 2011 sale, where it rises to 166% above the HPI. The line then continues to track at 166% above the HPI.
4 HIGH LEYS DRIVE is 237m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 20% 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 HIGH LEYS DRIVE lies on this distribution: 89% of detached houses are smaller than 4 HIGH LEYS DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.
4 HIGH LEYS DRIVE sits on a plot of roughly 0.266 of an acre, or 1,076m². The below map shows the location of 4 HIGH LEYS 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 4 HIGH LEYS 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.
4 HIGH LEYS DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 4 on HIGH LEYS DRIVE.