28, MEREVALE WAY, STENSON FIELDS, DERBY, DE24 3BR - £219,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 MEREVALE WAY is a small detached house of 88m². It was last sold for £219,950 in November 2018, which was around 20% below the average November 2018 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

28 MEREVALE WAY Sold Prices

Land registry data shows three sales for 28 MEREVALE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 28 MEREVALE WAY 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
2018 6 NOV	£219,950	£275,036	20% below HPI
2018 26 OCT	£210,000	£271,250	23% below HPI
2014 19 SEP	£183,000	£221,850	18% below HPI

28 MEREVALE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 28 MEREVALE WAY sales between September 2014 and November 2018 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 October 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 28 MEREVALE WAY?

28 MEREVALE WAY is 88m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 28 MEREVALE WAY lies on this distribution: 29% of detached houses are smaller than 28 MEREVALE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Derby.

28 MEREVALE WAY: Plot and Title Map

28 MEREVALE WAY sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 28 MEREVALE WAY, 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 28 MEREVALE WAY). 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 28 MEREVALE WAY?

28 MEREVALE WAY is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 28 on MEREVALE WAY.