108A, CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, NG15 9DH - £625,000

108A CHAPEL LANE is a midsized extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £625,000 in November 2022, which was around 74% above the average November 2022 detached price in the Gedling local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

108A CHAPEL LANE Sold Prices

Land registry data shows three sales for 108A CHAPEL LANE 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 108A CHAPEL LANE 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
2022 15 NOV	£625,000	£359,281	74% above HPI
2019 30 SEP	£450,000	£271,151	66% above HPI
1999 22 OCT	£200,000	£89,419	124% above HPI

108A CHAPEL LANE 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 108A CHAPEL LANE sales between October 1999 and November 2022 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 2019 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the November 2022 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 108A CHAPEL LANE?

108A CHAPEL LANE is 137m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 108A CHAPEL LANE lies on this distribution: 56% of detached houses are smaller than 108A CHAPEL LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

108A CHAPEL LANE: Plot and Title Map

108A CHAPEL LANE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 108A CHAPEL LANE, 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 108A CHAPEL LANE). 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 108A CHAPEL LANE?

108A CHAPEL LANE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 108A on CHAPEL LANE.