7, CHAPEL FIELDS, RAVENSHEAD, NOTTINGHAM, NG15 9DT - £124,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CHAPEL FIELDS is a very large extended detached house of 210m², built sometime between 2003 and 2006, which could now be worth an estimated £247,499. It was last sold for £124,500 in November 2011, which was around 34% below the average November 2011 detached price in the Gedling local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

7 CHAPEL FIELDS Sold Prices

Land registry data shows two sales for 7 CHAPEL FIELDS 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 7 CHAPEL FIELDS sales was for below 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
2011 30 NOV	£124,500	£188,357	34% below HPI
2008 3 JUL	£460,000	£198,469	132% above HPI

7 CHAPEL FIELDS 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 7 CHAPEL FIELDS sales from July 2008 and November 2011 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 2008 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the November 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 CHAPEL FIELDS be worth now?

7 CHAPEL FIELDS might now be worth an estimated £247,499.

This is based on house price inflation of 98.8%, between November 2011 and December 2024, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98.8% inflationary increase is applied to the most recent sale price for 7 CHAPEL FIELDS of £124,500 on 30th November 2011. For the value to have increased from £124,500 to £247,499 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 CHAPEL FIELDS has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2011 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CHAPEL FIELDS has not materially changed since November 2011.

How Large is 7 CHAPEL FIELDS?

7 CHAPEL FIELDS is 210m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 20% of detached houses houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ravenshead, and where 7 CHAPEL FIELDS lies on this distribution: 85% of detached houses houses are smaller than 7 CHAPEL FIELDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

7 CHAPEL FIELDS: Plot and Title Map

7 CHAPEL FIELDS sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 CHAPEL FIELDS, 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 7 CHAPEL FIELDS). 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 7 CHAPEL FIELDS?

7 CHAPEL FIELDS is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 7 on CHAPEL FIELDS.