8, VERNON CRESCENT, RAVENSHEAD, NOTTINGHAM, NG15 9BH - £275,000

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 VERNON CRESCENT is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £275,000 in March 2020, which was about the average March 2020 detached price in the Gedling local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

8 VERNON CRESCENT Sold Prices

Land registry data shows two sales for 8 VERNON CRESCENT 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. One of the two 8 VERNON CRESCENT sales was roughly equal to the average price, whilst the other 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
2020 26 MAR	£275,000	£274,391	Close to HPI
2011 21 JAN	£180,000	£187,948	4% below HPI

8 VERNON CRESCENT 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 VERNON CRESCENT sales from January 2011 and March 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 January 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 VERNON CRESCENT?

8 VERNON CRESCENT is 88m² according to the EPC inspection conducted in October 2010. 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 8 VERNON CRESCENT lies on this distribution: 15% of detached houses are smaller than 8 VERNON CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

8 VERNON CRESCENT: Plot and Title Map

8 VERNON CRESCENT sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 8 VERNON CRESCENT, 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 VERNON CRESCENT). 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 VERNON CRESCENT?

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