3, CAROLINE CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9FH - £300,000

3 CAROLINE CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £300,000 in August 2023, which was around 16% below the average August 2023 detached price in the Gedling local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 CAROLINE CLOSE Sold Prices

Land registry data shows three sales for 3 CAROLINE CLOSE 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 3 CAROLINE 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
2023 31 AUG	£300,000	£357,389	16% below HPI
2019 28 JUN	£245,000	£266,861	8% below HPI
2013 30 OCT	£162,000	£191,347	15% below HPI

3 CAROLINE 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 three 3 CAROLINE CLOSE sales between October 2013 and August 2023 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 June 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CAROLINE CLOSE?

3 CAROLINE CLOSE is 77m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 3 CAROLINE CLOSE lies on this distribution: 9% of detached houses are smaller than 3 CAROLINE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

3 CAROLINE CLOSE: Plot and Title Map

3 CAROLINE CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 CAROLINE 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 3 CAROLINE 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 3 CAROLINE CLOSE?

3 CAROLINE CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 3 on CAROLINE CLOSE.