40, MILTON DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9BE - £274,000

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

40 MILTON DRIVE is a large detached house of 141m², built sometime between 1967 and 1975. It was last sold for £274,000 in November 2017, which was around 8% above the average November 2017 detached price in the Gedling local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

40 MILTON DRIVE Sold Prices

Land registry data shows three sales for 40 MILTON DRIVE 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 40 MILTON 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
2017 3 NOV	£274,000	£254,093	8% above HPI
2014 16 MAY	£225,000	£196,438	15% above HPI
2004 27 JUL	£210,000	£190,904	10% above HPI

40 MILTON DRIVE 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 40 MILTON DRIVE sales between July 2004 and November 2017 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 40 MILTON DRIVE?

40 MILTON DRIVE is 141m² according to the EPC inspection conducted in April 2011. This puts it in the largest 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 40 MILTON DRIVE lies on this distribution: 60% of detached houses are smaller than 40 MILTON DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

40 MILTON DRIVE: Plot and Title Map

40 MILTON DRIVE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 40 MILTON 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 40 MILTON 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.

Where is 40 MILTON DRIVE?

40 MILTON DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 40 on MILTON DRIVE.