4, CASTLETON CLOSE, RAVENSHEAD, NOTTINGHAM, NG15 9EY - £129,000

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.

4 CASTLETON CLOSE is a very small detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £248,292. It was last sold for £129,000 in September 2012, which was around 32% below the average September 2012 detached price in the Gedling local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

4 CASTLETON CLOSE Sold Prices

Land registry data shows one sale for 4 CASTLETON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Gedling local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 21 SEP	£129,000	£189,483	32% below HPI

What might 4 CASTLETON CLOSE be worth now?

4 CASTLETON CLOSE might now be worth an estimated £248,292.

This is based on house price inflation of 92.5%, between September 2012 and April 2026, 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 92.5% inflationary increase is applied to the most recent sale price for 4 CASTLETON CLOSE of £129,000 on 21st September 2012. For the value to have increased from £129,000 to £248,292 over the fourteen years and five months to April 2026, the following assumptions must hold true:

• The value of 4 CASTLETON CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2012 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CASTLETON CLOSE has not materially changed since September 2012.

How Large is 4 CASTLETON CLOSE?

4 CASTLETON CLOSE is 55m² according to the EPC inspection conducted in November 2011. 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 4 CASTLETON CLOSE lies on this distribution: 1% of detached houses are smaller than 4 CASTLETON CLOSE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Ravenshead.

4 CASTLETON CLOSE: Plot

4 CASTLETON CLOSE sits on a plot of roughly 0.060 of an acre, or 244m².

Where is 4 CASTLETON CLOSE?

4 CASTLETON CLOSE is located in RAVENSHEAD, in the NG15 postcode district.