98, MAIN ROAD, RAVENSHEAD, NOTTINGHAM, NG15 9GW - £495,000

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

98 MAIN ROAD is a very large detached house of 242m², built sometime between 2007 and 2011. It was last sold for £495,000 in July 2016, which was around 113% above the average July 2016 detached price in the Gedling local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

98 MAIN ROAD Sold Prices

Land registry data shows three sales for 98 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. All of the three 98 MAIN ROAD 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
2016 15 JUL	£495,000	£232,091	113% above HPI
2005 30 SEP	£315,000	£198,608	59% above HPI
2003 22 SEP	£220,000	£174,152	26% above HPI

98 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 98 MAIN ROAD sales between September 2003 and July 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 September 2005 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2016 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 98 MAIN ROAD?

98 MAIN ROAD is 242m² according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 98 MAIN ROAD lies on this distribution: 90% of detached houses are smaller than 98 MAIN ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

98 MAIN ROAD: Plot and Title Map

98 MAIN ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 98 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 98 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 98 MAIN ROAD?

98 MAIN ROAD is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 98 on MAIN ROAD.