44, CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, NG15 9DA - £297,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

44 CHAPEL LANE is a midsized detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £587,706. It was last sold for £297,500 in April 2013, which was around 57% above the average April 2013 detached price in the Gedling local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

44 CHAPEL LANE Sold Prices

Land registry data shows two sales for 44 CHAPEL LANE 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 44 CHAPEL LANE 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
2013 26 APR	£297,500	£189,285	57% above HPI
1997 27 MAR	£105,000	£77,500	35% above HPI

44 CHAPEL LANE 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 44 CHAPEL LANE sales from March 1997 and April 2013 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 March 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2013 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 44 CHAPEL LANE be worth now?

44 CHAPEL LANE might now be worth an estimated £587,706.

This is based on house price inflation of 97.5%, between April 2013 and February 2025, 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 97.5% inflationary increase is applied to the most recent sale price for 44 CHAPEL LANE of £297,500 on 26th April 2013. For the value to have increased from £297,500 to £587,706 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 44 CHAPEL LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2013 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 44 CHAPEL LANE has not materially changed since April 2013.

How Large is 44 CHAPEL LANE?

44 CHAPEL LANE is 120m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% 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 44 CHAPEL LANE lies on this distribution: 42% of detached houses houses are smaller than 44 CHAPEL LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

44 CHAPEL LANE: Plot and Title Map

44 CHAPEL LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 44 CHAPEL LANE, 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 44 CHAPEL LANE). 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 44 CHAPEL LANE?

44 CHAPEL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 44 on CHAPEL LANE.