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 REVELSTOKE WAY is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £164,000 in September 2017, which was around 28% below the average September 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 REVELSTOKE WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 7 REVELSTOKE WAY sales were 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 |
---|---|---|---|
2017 25 SEP | £164,000 | £228,145 | 28% below HPI |
2016 26 MAY | £138,000 | £205,363 | 33% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 7 REVELSTOKE WAY sales from May 2016 and September 2017 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 May 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
7 REVELSTOKE WAY is 89m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 7 REVELSTOKE WAY lies on this distribution: 31% of detached houses are smaller than 7 REVELSTOKE WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
7 REVELSTOKE WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 REVELSTOKE WAY, 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 REVELSTOKE WAY). 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.
7 REVELSTOKE WAY is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 7 on REVELSTOKE WAY.