2, STANLEY CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9GE - £149,000

2 STANLEY CLOSE is a small extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £149,000 in November 2003, which was around 16% below the average November 2003 detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

2 STANLEY CLOSE Sold Prices

Land registry data shows two sales for 2 STANLEY CLOSE 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 2 STANLEY CLOSE 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
2003 14 NOV	£149,000	£176,882	16% below HPI
2002 20 DEC	£120,000	£161,625	26% below HPI

2 STANLEY CLOSE 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 2 STANLEY CLOSE sales from December 2002 and November 2003 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 December 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2003 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 STANLEY CLOSE?

2 STANLEY CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 2 STANLEY CLOSE lies on this distribution: 34% of detached houses are smaller than 2 STANLEY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

2 STANLEY CLOSE: Plot and Title Map

2 STANLEY CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 STANLEY CLOSE, 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 2 STANLEY CLOSE). 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 2 STANLEY CLOSE?

2 STANLEY CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 2 on STANLEY CLOSE.