47, KIGHILL LANE, RAVENSHEAD, NOTTINGHAM, NG15 9HN - £549,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

47 KIGHILL LANE is a very large detached house of 205m², built sometime between 1996 and 2002, which could now be worth an estimated £812,417. It was last sold for £549,950 in August 2017, which was around 117% above the average August 2017 detached price in the Gedling local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

47 KIGHILL LANE Sold Prices

Land registry data shows three sales for 47 KIGHILL LANE 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 47 KIGHILL 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
2017 25 AUG	£549,950	£253,472	117% above HPI
2000 19 MAY	£260,000	£95,166	173% above HPI
1998 3 JUL	£100,000	£81,771	22% above HPI

47 KIGHILL 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 three 47 KIGHILL LANE sales between July 1998 and August 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 2000 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the August 2017 sale, where it falls to 117% above the HPI. The line then continues to track at 117% above the HPI.

What might 47 KIGHILL LANE be worth now?

47 KIGHILL LANE might now be worth an estimated £812,417.

This is based on house price inflation of 47.7%, between August 2017 and December 2024, 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 47.7% inflationary increase is applied to the most recent sale price for 47 KIGHILL LANE of £549,950 on 25th August 2017. For the value to have increased from £549,950 to £812,417 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 47 KIGHILL LANE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2017 sale price of £549,950 represented a fair market value for the property.
• The size, condition, and specification of 47 KIGHILL LANE has not materially changed since August 2017.

How Large is 47 KIGHILL LANE?

47 KIGHILL LANE is 205m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% 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 47 KIGHILL LANE lies on this distribution: 84% of detached houses houses are smaller than 47 KIGHILL LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

47 KIGHILL LANE: Plot and Title Map

47 KIGHILL LANE sits on a plot of roughly 0.486 of an acre, or 1,967m². The below map shows the location of 47 KIGHILL 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 47 KIGHILL 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 47 KIGHILL LANE?

47 KIGHILL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 47 on KIGHILL LANE.