23, MERCHANT STREET, BULWELL, NOTTINGHAM, NG6 8GT - £131,500

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

23 MERCHANT STREET is a very small extended detached house of 79m², built sometime between 1900 and 1929. It was last sold for £131,500 in October 2020, which was around 51% below the average October 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was B.

23 MERCHANT STREET Sold Prices

Land registry data shows two sales for 23 MERCHANT STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 23 MERCHANT STREET sales were 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 19 OCT	£131,500	£266,360	51% below HPI
2020 22 JUN	£95,000	£256,980	63% below HPI

23 MERCHANT STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 23 MERCHANT STREET sales from June 2020 and October 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 June 2020 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the October 2020 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 23 MERCHANT STREET?

23 MERCHANT STREET is 79m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 23 MERCHANT STREET lies on this distribution: 19% of detached houses are smaller than 23 MERCHANT STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

23 MERCHANT STREET: Plot and Title Map

23 MERCHANT STREET sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 23 MERCHANT STREET, 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 23 MERCHANT STREET). 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 23 MERCHANT STREET?

23 MERCHANT STREET is located in BULWELL, in the NG6 postcode district. The below map shows the position of No. 23 on MERCHANT STREET.