9, HATHERSAGE RISE, RAVENSHEAD, NOTTINGHAM, NG15 9DX - £283,000

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

9 HATHERSAGE RISE is a small detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £353,447. It was last sold for £283,000 in December 2020, which was around 6% below the average December 2020 detached price in the Gedling local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

9 HATHERSAGE RISE Sold Prices

Land registry data shows four sales for 9 HATHERSAGE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 9 HATHERSAGE RISE sales were 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 14 DEC	£283,000	£299,811	6% below HPI
2008 14 NOV	£174,500	£185,430	6% below HPI
2004 17 SEP	£183,000	£195,619	6% below HPI
2002 15 MAR	£124,950	£129,010	3% below HPI

9 HATHERSAGE RISE 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 four 9 HATHERSAGE RISE sales between March 2002 and December 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 November 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, which was also at 6% below the HPI.

What might 9 HATHERSAGE RISE be worth now?

9 HATHERSAGE RISE might now be worth an estimated £353,447.

This is based on house price inflation of 24.9%, between December 2020 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 24.9% inflationary increase is applied to the most recent sale price for 9 HATHERSAGE RISE of £283,000 on 14th December 2020. For the value to have increased from £283,000 to £353,447 over the four years to December 2024, the following assumptions must hold true:

• The value of 9 HATHERSAGE RISE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2020 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HATHERSAGE RISE has not materially changed since December 2020.

How Large is 9 HATHERSAGE RISE?

9 HATHERSAGE RISE is 94m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% 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 9 HATHERSAGE RISE lies on this distribution: 20% of detached houses houses are smaller than 9 HATHERSAGE RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

9 HATHERSAGE RISE: Plot and Title Map

9 HATHERSAGE RISE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 9 HATHERSAGE RISE, 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 9 HATHERSAGE RISE). 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 9 HATHERSAGE RISE?

9 HATHERSAGE RISE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 9 on HATHERSAGE RISE.