3, DANIEL MEWS, SANDIACRE, NOTTINGHAM, NG10 5HR - £215,000

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

3 DANIEL MEWS is a small extended detached house of 85m², built sometime between 2003 and 2006. It was last sold for £215,000 in March 2023, which was around 31% below the average March 2023 detached price in the Erewash local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 DANIEL MEWS Sold Prices

Land registry data shows five sales for 3 DANIEL MEWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. The five 3 DANIEL MEWS sales were a mix of below the average price, roughly equal to the average price, and 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
2023 17 MAR	£215,000	£312,968	31% below HPI
2014 22 AUG	£189,950	£190,201	Close to HPI
2010 6 AUG	£160,000	£176,730	9% below HPI
2009 30 SEP	£150,000	£166,154	10% below HPI
2003 14 NOV	£151,950	£150,056	1% above HPI

3 DANIEL MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The five 3 DANIEL MEWS sales between November 2003 and March 2023 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 August 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 DANIEL MEWS?

3 DANIEL MEWS is 85m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 3 DANIEL MEWS lies on this distribution: 26% of detached houses are smaller than 3 DANIEL MEWS, and 72% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

3 DANIEL MEWS: Plot and Title Map

3 DANIEL MEWS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 DANIEL MEWS, 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 3 DANIEL MEWS). 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 3 DANIEL MEWS?

3 DANIEL MEWS is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 3 on DANIEL MEWS.