7, HIGHFIELD CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9DZ - £315,000

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 HIGHFIELD CLOSE is a midsized detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £518,482. It was last sold for £315,000 in March 2016, which was around 38% above the average March 2016 detached price in the Gedling local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

7 HIGHFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 HIGHFIELD CLOSE 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 7 HIGHFIELD CLOSE 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 18 MAR	£315,000	£227,490	38% above HPI
1999 10 DEC	£126,500	£90,552	40% above HPI

7 HIGHFIELD CLOSE 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 HIGHFIELD CLOSE sales from December 1999 and March 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 December 1999 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2016 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 7 HIGHFIELD CLOSE be worth now?

7 HIGHFIELD CLOSE might now be worth an estimated £518,482.

This is based on house price inflation of 64.6%, between March 2016 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 64.6% inflationary increase is applied to the most recent sale price for 7 HIGHFIELD CLOSE of £315,000 on 18th March 2016. For the value to have increased from £315,000 to £518,482 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 7 HIGHFIELD CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2016 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HIGHFIELD CLOSE has not materially changed since March 2016.

How Large is 7 HIGHFIELD CLOSE?

7 HIGHFIELD CLOSE is 140m² according to the EPC inspection conducted in September 2024. This puts it in the largest 50% 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 HIGHFIELD CLOSE lies on this distribution: 58% of detached houses houses are smaller than 7 HIGHFIELD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

7 HIGHFIELD CLOSE: Plot and Title Map

7 HIGHFIELD CLOSE sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 7 HIGHFIELD CLOSE, 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 HIGHFIELD CLOSE). 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 HIGHFIELD CLOSE?

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