41, HEREFORD ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9FJ - £345,000

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

41 HEREFORD ROAD is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £345,000 in June 2021, which was around 11% above the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

41 HEREFORD ROAD Sold Prices

Land registry data shows two sales for 41 HEREFORD ROAD 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. One of the two 41 HEREFORD ROAD sales was for above the average price, whilst the other was 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
2021 30 JUN	£345,000	£310,171	11% above HPI
2014 28 NOV	£182,500	£207,088	12% below HPI

41 HEREFORD ROAD 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 41 HEREFORD ROAD sales from November 2014 and June 2021 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 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 41 HEREFORD ROAD?

41 HEREFORD ROAD is 101m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 41 HEREFORD ROAD lies on this distribution: 27% of detached houses are smaller than 41 HEREFORD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

41 HEREFORD ROAD: Plot and Title Map

41 HEREFORD ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 41 HEREFORD ROAD, 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 41 HEREFORD ROAD). 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 41 HEREFORD ROAD?

41 HEREFORD ROAD is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 41 on HEREFORD ROAD.