4, PRIORY AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9BT - £205,000

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

4 PRIORY AVENUE is a very small extended detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £360,681. It was last sold for £205,000 in March 2015, which was around 4% below the average March 2015 detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

4 PRIORY AVENUE Sold Prices

Land registry data shows two sales for 4 PRIORY AVENUE 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 PRIORY AVENUE 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
2015 6 MAR	£205,000	£212,822	4% below HPI
2014 21 FEB	£143,000	£199,685	28% below HPI

4 PRIORY AVENUE 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 PRIORY AVENUE sales from February 2014 and March 2015 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 February 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 4 PRIORY AVENUE be worth now?

4 PRIORY AVENUE might now be worth an estimated £360,681.

This is based on house price inflation of 75.9%, between March 2015 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 75.9% inflationary increase is applied to the most recent sale price for 4 PRIORY AVENUE of £205,000 on 6th March 2015. For the value to have increased from £205,000 to £360,681 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 4 PRIORY AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PRIORY AVENUE has not materially changed since March 2015.

How Large is 4 PRIORY AVENUE?

4 PRIORY AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% 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 4 PRIORY AVENUE lies on this distribution: 8% of detached houses houses are smaller than 4 PRIORY AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

4 PRIORY AVENUE: Plot and Title Map

4 PRIORY AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 4 PRIORY AVENUE, 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 PRIORY AVENUE). 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 PRIORY AVENUE?

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