51A, MILTON CRESCENT, RAVENSHEAD, NOTTINGHAM, NG15 9BA - £300,000

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

51A MILTON CRESCENT is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £300,000 in August 2016, which was around 29% above the average August 2016 detached price in the Gedling local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

51A MILTON CRESCENT Sold Prices

Land registry data shows two sales for 51A MILTON CRESCENT 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 51A MILTON CRESCENT 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
2016 31 AUG	£300,000	£233,065	29% above HPI
2005 29 JUL	£280,000	£199,941	40% above HPI

51A MILTON CRESCENT 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 51A MILTON CRESCENT sales from July 2005 and August 2016 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 July 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 51A MILTON CRESCENT?

51A MILTON CRESCENT is 79m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 51A MILTON CRESCENT lies on this distribution: 11% of detached houses are smaller than 51A MILTON CRESCENT, and 89% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

51A MILTON CRESCENT: Plot and Title Map

51A MILTON CRESCENT sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 51A MILTON CRESCENT, 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 51A MILTON CRESCENT). 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 51A MILTON CRESCENT?

51A MILTON CRESCENT is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 51A on MILTON CRESCENT.