5, GORSE HILL, RAVENSHEAD, NOTTINGHAM, NG15 9AF - £257,000

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 GORSE HILL is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £257,000 in September 2017, which was about the average September 2017 detached price in the Gedling local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 GORSE HILL Sold Prices

Land registry data shows two sales for 5 GORSE HILL 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 5 GORSE HILL sales was roughly equal to 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
2017 15 SEP	£257,000	£257,337	Close to HPI
2015 11 FEB	£235,000	£208,797	13% above HPI

5 GORSE HILL 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 GORSE HILL sales from February 2015 and September 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 February 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 GORSE HILL?

5 GORSE HILL is 55m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% 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 GORSE HILL lies on this distribution: 1% of detached houses are smaller than 5 GORSE HILL, and 99% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

5 GORSE HILL: Plot and Title Map

5 GORSE HILL sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 5 GORSE HILL, 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 GORSE HILL). 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 GORSE HILL?

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