37, MEREVALE WAY, STENSON FIELDS, DERBY, DE24 3BR - £295,000

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

37 MEREVALE WAY is a midsized detached house of 114m². It was last sold for £295,000 in June 2022, which was around 6% below the average June 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

37 MEREVALE WAY Sold Prices

Land registry data shows three sales for 37 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. Two of the three 37 MEREVALE WAY sales were for below the average price, whilst one was 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
2022 30 JUN	£295,000	£315,344	6% below HPI
2022 17 JUN	£290,000	£315,344	8% below HPI
2015 24 JUL	£236,500	£231,653	2% above HPI

37 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 37 MEREVALE WAY sales between July 2015 and June 2022 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 2022 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 37 MEREVALE WAY?

37 MEREVALE WAY is 114m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 37 MEREVALE WAY lies on this distribution: 57% of detached houses are smaller than 37 MEREVALE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Derby.

37 MEREVALE WAY: Plot and Title Map

37 MEREVALE WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 37 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 37 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 37 MEREVALE WAY?

37 MEREVALE WAY is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 37 on MEREVALE WAY.