4, QUARRY CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9AQ - £302,000

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 QUARRY CLOSE is a small detached house of 114m², built sometime between 1976 and 1982. It was last sold for £302,000 in March 2018, which was around 18% above the average March 2018 detached price in the Gedling local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

4 QUARRY CLOSE Sold Prices

Land registry data shows three sales for 4 QUARRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 4 QUARRY CLOSE 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
2018 7 MAR	£302,000	£256,908	18% above HPI
2014 16 MAY	£247,500	£196,438	26% above HPI
1995 10 NOV	£75,000	£72,934	3% above HPI

4 QUARRY CLOSE 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 three 4 QUARRY CLOSE sales between November 1995 and March 2018 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 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 4 QUARRY CLOSE?

4 QUARRY CLOSE is 114m² according to the EPC inspection conducted in April 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 QUARRY CLOSE lies on this distribution: 38% of detached houses are smaller than 4 QUARRY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

4 QUARRY CLOSE: Plot and Title Map

4 QUARRY CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 4 QUARRY CLOSE, 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 QUARRY CLOSE). 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 QUARRY CLOSE?

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