31, MEADOW DRIVE, SMALLEY, ILKESTON, DE7 6PH - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 MEADOW DRIVE is a large detached house of 121m², which could now be worth an estimated £437,499. It was last sold for £320,000 in November 2018, which was around 29% above the average November 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

31 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 31 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 31 MEADOW 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
2018 23 NOV	£320,000	£248,600	29% above HPI
2015 23 OCT	£295,000	£211,235	40% above HPI

31 MEADOW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 31 MEADOW DRIVE sales from October 2015 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 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2018 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 31 MEADOW DRIVE be worth now?

31 MEADOW DRIVE might now be worth an estimated £437,499.

This is based on house price inflation of 36.7%, between November 2018 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.7% inflationary increase is applied to the most recent sale price for 31 MEADOW DRIVE of £320,000 on 23rd November 2018. For the value to have increased from £320,000 to £437,499 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 MEADOW DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MEADOW DRIVE has not materially changed since November 2018.

How Large is 31 MEADOW DRIVE?

31 MEADOW DRIVE is 121m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses houses in Smalley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smalley, and where 31 MEADOW DRIVE lies on this distribution: 63% of detached houses houses are smaller than 31 MEADOW DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Smalley.

31 MEADOW DRIVE: Plot and Title Map

31 MEADOW DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 31 MEADOW 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 31 MEADOW 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.

Where is 31 MEADOW DRIVE?

31 MEADOW DRIVE is located in SMALLEY, in the DE7 postcode district. The below map shows the position of No. 31 on MEADOW DRIVE.