# 3 bedroom detached house for sale (NG15 9EG) ## Property Details | Key | Value | |-----|-------| | Address | 12 LEA ROAD, NOTTINGHAM, RAVENSHEAD, NOTTINGHAMSHIRE NG15 9EG | | Price | £375,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | E | | Last sold | £362,500 Mar 2025 | ## 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 ## Property Photos - ![Photo](/listings/photos/155339528/531513) - ![Photo](/listings/photos/155339528/531514) - ![Photo](/listings/photos/155339528/531515) - ![Photo](/listings/photos/155339528/531517) - ![Photo](/listings/photos/155339528/531518) - ![Photo](/listings/photos/155339528/531519) - ![Photo](/listings/photos/155339528/531521) - ![Photo](/listings/photos/155339528/531522) - ![Photo](/listings/photos/155339528/531523) - ![Photo](/listings/photos/155339528/531525) - ![Photo](/listings/photos/155339528/531526) - ![Photo](/listings/photos/155339528/531527) - ![Photo](/listings/photos/155339528/531529) - ![Photo](/listings/photos/155339528/531530) - ![Photo](/listings/photos/155339528/531531) - ![Photo](/listings/photos/155339528/531533) - ![Photo](/listings/photos/155339528/531535) - ![Photo](/listings/photos/155339528/531537) - ![Photo](/listings/photos/155339528/531538) - ![Photo](/listings/photos/155339528/531540) - ![Photo](/listings/photos/155339528/531542) - ![Photo](/listings/photos/155339528/531544) - ![Photo](/listings/photos/155339528/531547) - ![Photo](/listings/photos/155339528/531550) - ![Photo](/listings/photos/155339528/531552) ## Floorplans - ![Floorplan](/listings/photos/155339528/531555) - Floorplan ## EPC Graphs - ![EPC Certificate](/listings/photos/155339528/531557) - EPC Certificate ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #11185507 - **Address:** 12 Lea Road, Ravenshead, NG15 9EG - **Certificate Issued:** 07/09/2015 - **Work Completed:** 21/08/2015 - **Items:** 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 12 LEA ROAD, RAVENSHEAD, NOTTINGHAM, GEDLING, NOTTINGHAMSHIRE, NG15 9EG | £362,500 | 12/03/2025 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £404,063 (60 Detached, NG15, 2024–2026) - **Deviation:** -7.2% ## Rental Range *ONS Price Index of Private Rents (Gedling). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £802/mo - **Realistic:** £891/mo - **Optimistic:** £980/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Nottingham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £748/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.4% (weak for cashflow) - **Max investor price (0.8%):** £187,500 - **Target investor price (1%):** £150,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,500/mo).* - **Gross yield:** 4.8% - **Cost-to-rent:** 20.8× - **Monthly cashflow:** £-152/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 20.6% - **10y growth:** 78.2% ## House Price Index (HM Land Registry) *Official index for Gedling; Detached series; as of March 2026.* - **1y growth (index):** -0.4% - **5y growth (index):** 18.8% - **10y growth (index):** 59.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)