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
47 KIGHILL LANE is a very large detached house of 205m², built sometime between 1996 and 2002. It was last sold for £549,950 in August 2017, which was around 118% 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.
Land registry data shows three sales for 47 KIGHILL LANE since 1st 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 | £252,731 | 118% above HPI |
2000 19 MAY | £260,000 | £94,888 | 174% above HPI |
1998 3 JUL | £100,000 | £81,532 | 23% above HPI |
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 174% above the HPI. So the extrapolation line tracks at 174% above the HPI over time, until the August 2017 sale, where it falls to 118% above the HPI. The line then continues to track at 118% above the HPI.
47 KIGHILL LANE is 205m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 47 KIGHILL LANE lies on this distribution: 84% of detached 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 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.
47 KIGHILL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 47 on KIGHILL LANE.