78, MAIN ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9GT - £395,000

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

78 MAIN ROAD is a large detached house of 157m². It was last sold for £395,000 in November 2016, which was around 65% above the average November 2016 detached price in the Gedling local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

78 MAIN ROAD Sold Prices

Land registry data shows three sales for 78 MAIN ROAD 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 78 MAIN ROAD 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
2016 4 NOV	£395,000	£238,700	65% above HPI
2014 22 AUG	£335,000	£203,801	64% above HPI
2009 24 AUG	£160,000	£178,726	10% below HPI

78 MAIN ROAD 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 78 MAIN ROAD sales between August 2009 and November 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 August 2014 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the November 2016 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 78 MAIN ROAD?

78 MAIN ROAD is 157m² according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 78 MAIN ROAD lies on this distribution: 69% of detached houses are smaller than 78 MAIN ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

78 MAIN ROAD: Plot and Title Map

78 MAIN ROAD sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 78 MAIN ROAD, 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 78 MAIN ROAD). 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 78 MAIN ROAD?

78 MAIN ROAD is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 78 on MAIN ROAD.