5, BIRCHWOOD DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9EE - £435,000

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

5 BIRCHWOOD DRIVE is a large detached house of 142m², built sometime between 1967 and 1975. It was last sold for £435,000 in September 2021, which was around 39% above the average September 2021 detached price in the Gedling local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

5 BIRCHWOOD DRIVE Sold Prices

Land registry data shows two sales for 5 BIRCHWOOD DRIVE 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 5 BIRCHWOOD DRIVE 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
2021 28 SEP	£435,000	£312,622	39% above HPI
2012 23 OCT	£220,000	£188,351	17% above HPI

5 BIRCHWOOD DRIVE 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 5 BIRCHWOOD DRIVE sales from October 2012 and September 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 October 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 5 BIRCHWOOD DRIVE?

5 BIRCHWOOD DRIVE is 142m² according to the EPC inspection conducted in August 2012. This puts it in the largest 40% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 5 BIRCHWOOD DRIVE lies on this distribution: 60% of detached houses are smaller than 5 BIRCHWOOD DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

5 BIRCHWOOD DRIVE: Plot and Title Map

5 BIRCHWOOD DRIVE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 5 BIRCHWOOD DRIVE, 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 5 BIRCHWOOD DRIVE). 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 5 BIRCHWOOD DRIVE?

5 BIRCHWOOD DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 5 on BIRCHWOOD DRIVE.