Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
19 MEAR DRIVE is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £117,000 in February 2001, which was around 44% above the average February 2001 detached price in the Erewash local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 19 MEAR DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 19 MEAR DRIVE 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 |
---|---|---|---|
2001 28 FEB | £117,000 | £81,067 | 44% above HPI |
1997 6 JUN | £92,500 | £65,053 | 42% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 19 MEAR DRIVE sales from June 1997 and February 2001 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 June 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2001 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.
19 MEAR DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 19 MEAR DRIVE lies on this distribution: 47% of detached houses are smaller than 19 MEAR DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Borrowash.
19 MEAR DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 19 MEAR DRIVE, 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 19 MEAR DRIVE). 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.
19 MEAR DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 19 on MEAR DRIVE.