7, WOODEND DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9EJ - £247,000

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 WOODEND DRIVE is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £247,000 in October 2011, which was around 30% above the average October 2011 detached price in the Gedling local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

7 WOODEND DRIVE Sold Prices

Land registry data shows three sales for 7 WOODEND DRIVE 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. Two of the three 7 WOODEND DRIVE sales were for above the average price, whilst one was 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
2011 27 OCT	£247,000	£189,550	30% above HPI
2004 10 SEP	£217,500	£195,047	12% above HPI
2004 7 MAY	£95,000	£183,355	48% below HPI

7 WOODEND DRIVE 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 WOODEND DRIVE sales between May 2004 and October 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 September 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2011 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 7 WOODEND DRIVE?

7 WOODEND DRIVE is 83m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 WOODEND DRIVE lies on this distribution: 14% of detached houses are smaller than 7 WOODEND DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

7 WOODEND DRIVE: Plot and Title Map

7 WOODEND DRIVE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 7 WOODEND DRIVE, 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 WOODEND DRIVE). 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 WOODEND DRIVE?

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