7, SHEEPWALK LANE, RAVENSHEAD, NOTTINGHAM, NG15 9FD - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 SHEEPWALK LANE is a large extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £450,000 in December 2020, which was around 51% above the average December 2020 detached price in the Gedling local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

7 SHEEPWALK LANE Sold Prices

Land registry data shows two sales for 7 SHEEPWALK LANE 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 SHEEPWALK LANE 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
2020 1 DEC	£450,000	£298,934	51% above HPI
2009 17 MAR	£395,000	£175,087	126% above HPI

7 SHEEPWALK 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 two 7 SHEEPWALK LANE sales from March 2009 and December 2020 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 March 2009 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the December 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 7 SHEEPWALK LANE?

7 SHEEPWALK LANE is 162m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 SHEEPWALK LANE lies on this distribution: 71% of detached houses are smaller than 7 SHEEPWALK LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

7 SHEEPWALK LANE: Plot and Title Map

7 SHEEPWALK LANE sits on a plot of roughly 0.520 of an acre, or 2,105m². The below map shows the location of 7 SHEEPWALK 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 7 SHEEPWALK 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 7 SHEEPWALK LANE?

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