Sold STC Detached

12 LEA ROAD

NOTTINGHAM, RAVENSHEAD, NOTTINGHAMSHIRE NG15 9EG

3 beds 1 baths 1,410 sq ft Listed 25 Nov 2024 (-565d)

£375,000

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Property photo

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Property details

Tenure

FREEHOLD

Floor area

131 m²

Council tax band

E

EPC rating

E

Year built

England and Wales: 1967-1975

Last sold

£362,500 Mar 2025

Price per m²

£2,863/m²

Local average

£404,063 (-7.2%)

Deprivation

Decile 10 (32,938 of 33,755)

Street crime

9 incidents within 1 mile (Apr 2026)

Key features

  • Detached Family Home
  • Three Bedrooms
  • Three Reception Rooms
  • 0.24 Acre Plot
  • Driveway & Garage
  • No Upwards Chain
  • Fantastic Rear Garden
  • Conservatory

Additional details

Heating
Gas central
Parking
Garage
Garden
Private garden
Required access
No
Rights of way
No
Flood defences
No

Description

A great opportunity to purchase a three bedroom detached bungalow in the heart of Ravenshead sitting on a 0.24 acre plot. The property compromises entrance hallway, entrance hallway, spacious lounge with large window to the front, kitchen, dining room, conservatory over looking the rear garden and bedroom three. Upstairs there are two double bedrooms and the family bathroom. The great sized rear garden has a patio area and extensive lawned area which only has two houses to the rear and trees giving a nice private feel, with mature hedging and fencing surround. The front has a semi circle parking with mature hedging and access to the garage at the side of the property. 
EPC rating: E. Tenure: Freehold, Known building safety issues or planned/required works: None known Planning permissions: None known Mobile signal information: signal fine for the area

Listed by

Nottingham

The Property Franchise Group

Reference: 155339528

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 07/11/2024

Expiry date: 06/11/2034

Current heating cost: £1,884/year

Potential heating cost: £1,125/year

Est. upgrade cost to C: £15,200

Recommendations

  • Room-in-roof insulation (£1,500 - £2,700)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Certificate

EPC Certificate

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #11185507

Property Details

Street: 12 Lea Road

Town: Ravenshead

Postcode: NG15 9EG

Installation Details

Items: 1 door

Certificate Issued: 07/09/2015

Work Completed: 21/08/2015

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 12/03/2025 (1 year ago) £362,500 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
39 MAVIS AVENUE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EB £448,000 02/12/2025 Detached
31 CHURCH DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FG £910,000 28/11/2025 Detached
17 MAVIS AVENUE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EB £380,000 08/09/2025 Detached
33 MAVIS AVENUE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EB £295,000 13/08/2025 Detached
12 BIRCHWOOD DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EE £285,000 08/12/2023 Detached
90 CHURCH DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FF £340,000 17/11/2023 Detached
40 MAVIS AVENUE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EB £390,000 01/11/2023 Detached
72 CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9DH £300,000 25/10/2023 Detached
1 LEA CLOSE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EH £385,000 12/10/2023 Detached
55 VERNON CRESCENT, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9BP £300,000 26/09/2023 Detached
56 CHURCH DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FF £490,000 31/08/2023 Detached
2 BOURNE DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FN £475,000 11/08/2023 Detached
38A CHURCH DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FF £725,000 11/08/2023 Detached
18 CHURCH DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FF £475,000 03/04/2023 Detached
15 MAVIS AVENUE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EB £332,000 24/02/2023 Detached
2 WOODLAND RISE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EL £390,000 11/01/2023 Detached
84A CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9DH £142,500 15/12/2022 Detached
108A CHAPEL LANE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9DH £625,000 15/11/2022 Detached
40 CHURCH DRIVE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9FF £550,000 15/11/2022 Detached
9 BIRCH CLOSE, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EF £367,500 05/10/2022 Detached

Area average: £430,250 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 20.6%
10y growth 78.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Gedling. Series: Detached. As of March 2026.

1y (index) -0.4%
5y (index) 18.8%
10y (index) 59.3%

Rental Range

Estimated market rent for Gedling. Low = conservative, Realistic = average, Optimistic = best case.

Low £802/mo
Realistic £891/mo
Optimistic £980/mo

Based on Local Authority from postcode lookup → Gedling.

LHA (30th percentile) floor for Nottingham: £748/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NG15 9EG

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Cheriton Drive 0.1 miles
Shop Rose's Pantry 0.4 miles
Shop Bradbury's 0.4 miles
Train station Unknown 1.9 miles
Hospital Sherwood Oaks Hospital 2.8 miles
University Nottingham Trent University Vision University Centre 2.8 miles
Train station Newstead 2.9 miles
Hospital Forest Independent Hospital 3.6 miles
University Clinical Sciences 6.4 miles

Street-level crime

Category Count
Violence and sexual offences 3
Anti-social behaviour 2
Possession of weapons 2
Criminal damage and arson 1
Other theft 1
Total incidents 9

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Abbey Gates Primary School Primary 0.3 miles Good — 24 Apr 2024
Ravenshead CofE Primary School Primary 0.4 miles Good — 11 May 2022
Portland College Other 1.7 miles — (No rating)
Fountaindale School Other 1.7 miles Inadequate — 14 Mar 2022
Blidworth Oaks Primary School Primary 2.1 miles Good — 27 Feb 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Bungalow, Ravenshead, NG15 £1,500/mo 3 0.36 miles OpenRent

Average rent: £1,500/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.4%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 4.8%
Cost-to-rent ratio 20.8×
Monthly cashflow £-152/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -1.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).