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
32 MEWS LANE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2020, which was around 1% above the average October 2020 detached price in the Gedling local authority area. The most recent EPC inspection was November 2011, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 32 MEWS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the three 32 MEWS LANE sales was for above the average price, whilst two 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 28 OCT | £290,000 | £287,215 | 1% above HPI |
2013 24 SEP | £152,000 | £191,092 | 20% below HPI |
1999 3 SEP | £74,000 | £87,743 | 16% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 32 MEWS LANE sales between September 1999 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 September 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
32 MEWS LANE is 75m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses by size in Calverton, and where 32 MEWS LANE lies on this distribution: 16% of detached houses are smaller than 32 MEWS LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Calverton.
32 MEWS LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 32 MEWS LANE, 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 32 MEWS LANE). 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.
32 MEWS LANE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 32 on MEWS LANE.