8, BIRCHWOOD CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9BX - £220,000

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

8 BIRCHWOOD CLOSE is a very small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £395,490. It was last sold for £220,000 in December 2014, which was around 6% above the average December 2014 detached price in the Gedling local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 BIRCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 8 BIRCHWOOD 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 8 BIRCHWOOD 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
2014 16 DEC	£220,000	£208,292	6% above HPI
2009 27 FEB	£178,200	£177,122	1% above HPI

8 BIRCHWOOD 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 8 BIRCHWOOD CLOSE sales from February 2009 and December 2014 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 February 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2014 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 8 BIRCHWOOD CLOSE be worth now?

8 BIRCHWOOD CLOSE might now be worth an estimated £395,490.

This is based on house price inflation of 79.8%, between December 2014 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 79.8% inflationary increase is applied to the most recent sale price for 8 BIRCHWOOD CLOSE of £220,000 on 16th December 2014. For the value to have increased from £220,000 to £395,490 over the ten years to December 2024, the following assumptions must hold true:

• The value of 8 BIRCHWOOD CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BIRCHWOOD CLOSE has not materially changed since December 2014.

How Large is 8 BIRCHWOOD CLOSE?

8 BIRCHWOOD CLOSE is 91m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 8 BIRCHWOOD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 8 BIRCHWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

8 BIRCHWOOD CLOSE: Plot and Title Map

8 BIRCHWOOD CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 BIRCHWOOD 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 8 BIRCHWOOD 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 8 BIRCHWOOD CLOSE?

8 BIRCHWOOD CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 8 on BIRCHWOOD CLOSE.