10, FAIRFIELDS DRIVE, RAVENSHEAD, NOTTINGHAM, NG15 9HR - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 FAIRFIELDS DRIVE is a very large detached house of 220m², built sometime between 1996 and 2002, which could now be worth an estimated £707,477. It was last sold for £450,000 in June 2016, which was around 95% above the average June 2016 detached price in the Gedling local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.

10 FAIRFIELDS DRIVE Sold Prices

Land registry data shows two sales for 10 FAIRFIELDS DRIVE 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 10 FAIRFIELDS DRIVE 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 28 JUN	£450,000	£231,179	95% above HPI
2001 28 FEB	£275,000	£103,224	166% above HPI

10 FAIRFIELDS DRIVE 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 10 FAIRFIELDS DRIVE sales from February 2001 and June 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 February 2001 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the June 2016 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 10 FAIRFIELDS DRIVE be worth now?

10 FAIRFIELDS DRIVE might now be worth an estimated £707,477.

This is based on house price inflation of 57.2%, between June 2016 and June 2025, 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 57.2% inflationary increase is applied to the most recent sale price for 10 FAIRFIELDS DRIVE of £450,000 on 28th June 2016. For the value to have increased from £450,000 to £707,477 over the nine years to June 2025, the following assumptions must hold true:

• The value of 10 FAIRFIELDS DRIVE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2016 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FAIRFIELDS DRIVE has not materially changed since June 2016.

How Large is 10 FAIRFIELDS DRIVE?

10 FAIRFIELDS DRIVE is 220m² according to the EPC inspection conducted in December 2012. This puts it in the largest 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 10 FAIRFIELDS DRIVE lies on this distribution: 87% of detached houses houses are smaller than 10 FAIRFIELDS DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

10 FAIRFIELDS DRIVE: Plot and Title Map

10 FAIRFIELDS DRIVE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 10 FAIRFIELDS DRIVE, 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 10 FAIRFIELDS DRIVE). 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 10 FAIRFIELDS DRIVE?

10 FAIRFIELDS DRIVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 10 on FAIRFIELDS DRIVE.