8, HIGHFIELD CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9DZ - £408,000

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

8 HIGHFIELD CLOSE is a very large extended detached house of 211m², built sometime between 1967 and 1975. It was last sold for £408,000 in August 2018, which was around 55% above the average August 2018 detached price in the Gedling local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

8 HIGHFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 HIGHFIELD CLOSE 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. All of the three 8 HIGHFIELD 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
2018 21 AUG	£408,000	£262,685	55% above HPI
2014 23 MAY	£310,000	£196,438	58% above HPI
2001 1 OCT	£177,500	£120,770	47% above HPI

8 HIGHFIELD 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 three 8 HIGHFIELD CLOSE sales between October 2001 and August 2018 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 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2018 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 8 HIGHFIELD CLOSE?

8 HIGHFIELD CLOSE is 211m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 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 8 HIGHFIELD CLOSE lies on this distribution: 86% of detached houses are smaller than 8 HIGHFIELD CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

8 HIGHFIELD CLOSE: Plot and Title Map

8 HIGHFIELD CLOSE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 8 HIGHFIELD 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 HIGHFIELD 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 HIGHFIELD CLOSE?

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