8, BIRCH CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9EF - £360,000

8 BIRCH CLOSE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £360,000 in December 2020, which was around 20% above the average December 2020 detached price in the Gedling local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 BIRCH CLOSE Sold Prices

Land registry data shows three sales for 8 BIRCH 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. Two of the three 8 BIRCH CLOSE sales were for above the average price, whilst one was 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
2020 15 DEC	£360,000	£298,934	20% above HPI
2016 14 MAR	£318,500	£226,825	40% above HPI
2014 11 JUL	£176,500	£198,570	11% below HPI

8 BIRCH 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 8 BIRCH CLOSE sales between July 2014 and December 2020 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 March 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 BIRCH CLOSE?

8 BIRCH CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 8 BIRCH CLOSE lies on this distribution: 8% of detached houses are smaller than 8 BIRCH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

8 BIRCH CLOSE: Plot and Title Map

8 BIRCH CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 8 BIRCH 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 8 BIRCH 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 8 BIRCH CLOSE?

8 BIRCH CLOSE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 8 on BIRCH CLOSE.