6A, CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, NG15 9DA - £395,000

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

6A CHAPEL LANE is a very large detached house of 202m², built sometime between 1996 and 2002. It was last sold for £395,000 in June 2010, which was around 109% above the average June 2010 detached price in the Gedling local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

6A CHAPEL LANE Sold Prices

Land registry data shows three sales for 6A CHAPEL 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. Two of the three 6A CHAPEL LANE sales were for above the average price, whilst one was for below 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
2010 25 JUN	£395,000	£189,310	109% above HPI
2002 9 SEP	£150,000	£143,630	4% above HPI
1997 31 JAN	£65,000	£75,027	13% below HPI

6A CHAPEL 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 6A CHAPEL LANE sales between January 1997 and June 2010 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 September 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2010 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 6A CHAPEL LANE?

6A CHAPEL LANE is 202m² according to the EPC inspection conducted in September 2009. 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 6A CHAPEL LANE lies on this distribution: 83% of detached houses are smaller than 6A CHAPEL LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

6A CHAPEL LANE: Plot and Title Map

6A CHAPEL LANE sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 6A CHAPEL 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 6A CHAPEL 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 6A CHAPEL LANE?

6A CHAPEL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 6A on CHAPEL LANE.