7, CHESTNUT AVENUE, RAVENSHEAD, NOTTINGHAM, NG15 9DN - £410,000

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

7 CHESTNUT AVENUE is a large extended detached house of 161m², built sometime between 1976 and 1982. It was last sold for £410,000 in March 2024, which was around 15% above the average March 2024 detached price in the Gedling local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

7 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 7 CHESTNUT AVENUE 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. All of the three 7 CHESTNUT AVENUE 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
2024 28 MAR	£410,000	£356,336	15% above HPI
2009 17 JUN	£232,000	£178,048	30% above HPI
1998 29 MAY	£91,500	£80,744	13% above HPI

7 CHESTNUT AVENUE 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 7 CHESTNUT AVENUE sales between May 1998 and March 2024 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 June 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 7 CHESTNUT AVENUE?

7 CHESTNUT AVENUE is 161m², which includes four extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 7 CHESTNUT AVENUE lies on this distribution: 71% of detached houses are smaller than 7 CHESTNUT AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

7 CHESTNUT AVENUE: Plot and Title Map

7 CHESTNUT AVENUE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 7 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

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