5, GORSE HILL, RAVENSHEAD, NOTTINGHAM, NG15 9AF - £257,000

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.

5 GORSE HILL is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £361,915. It was last sold for £257,000 in September 2017, which was about the average September 2017 detached price in the Gedling local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 GORSE HILL Sold Prices

Land registry data shows two sales for 5 GORSE HILL 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. One of the two 5 GORSE HILL sales was roughly equal to the average price, whilst the other was 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
2017 15 SEP	£257,000	£258,092	Close to HPI
2015 11 FEB	£235,000	£209,409	12% above HPI

5 GORSE HILL 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 5 GORSE HILL sales from February 2015 and September 2017 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 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 GORSE HILL be worth now?

5 GORSE HILL might now be worth an estimated £361,915.

This is based on house price inflation of 40.8%, between September 2017 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 40.8% inflationary increase is applied to the most recent sale price for 5 GORSE HILL of £257,000 on 15th September 2017. For the value to have increased from £257,000 to £361,915 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 5 GORSE HILL has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2017 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GORSE HILL has not materially changed since September 2017.

How Large is 5 GORSE HILL?

5 GORSE HILL is 55m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% 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 5 GORSE HILL lies on this distribution: 1% of detached houses houses are smaller than 5 GORSE HILL, and 99% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

5 GORSE HILL: Plot and Title Map

5 GORSE HILL sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 5 GORSE HILL, 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 5 GORSE HILL). 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 5 GORSE HILL?

5 GORSE HILL is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 5 on GORSE HILL.