41, VERNON CRESCENT, RAVENSHEAD, NOTTINGHAM, NG15 9BP - £270,000

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 VERNON CRESCENT is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £270,000 in March 2020, which was around 2% below the average March 2020 detached price in the Gedling local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

41 VERNON CRESCENT Sold Prices

Land registry data shows two sales for 41 VERNON CRESCENT 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 VERNON CRESCENT sales was for below the average price, whilst the other was 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
2020 2 MAR	£270,000	£274,391	2% below HPI
1998 12 JUN	£85,750	£80,378	7% above HPI

41 VERNON CRESCENT 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 VERNON CRESCENT sales from June 1998 and March 2020 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 June 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 41 VERNON CRESCENT?

41 VERNON CRESCENT is 100m² according to the EPC inspection conducted in October 2019. 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 VERNON CRESCENT lies on this distribution: 26% of detached houses are smaller than 41 VERNON CRESCENT, and 73% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

41 VERNON CRESCENT: Plot and Title Map

41 VERNON CRESCENT sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 41 VERNON CRESCENT, 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 VERNON CRESCENT). 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 VERNON CRESCENT?

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