5 THE HEYES is a midsized extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £450,000 in February 2022, which was around 37% above the average February 2022 detached price in the Gedling local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 5 THE HEYES since 1st 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 5 THE HEYES 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 24 FEB | £450,000 | £329,062 | 37% above HPI |
2017 12 MAY | £330,000 | £245,509 | 34% above HPI |
2008 27 JUN | £270,000 | £198,260 | 36% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 5 THE HEYES sales between June 2008 and February 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 May 2017 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.
5 THE HEYES is 126m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 5 THE HEYES lies on this distribution: 47% of detached houses are smaller than 5 THE HEYES, and 53% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.
5 THE HEYES sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 5 THE HEYES, 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 THE HEYES). 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.
5 THE HEYES is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 5 on THE HEYES.