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
38 MEADOW BROWN ROAD is a very small extended detached house of 71m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2022, which was around 24% below the average August 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 38 MEADOW BROWN ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the four 38 MEADOW BROWN ROAD 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 |
---|---|---|---|
2022 10 AUG | £250,000 | £327,434 | 24% below HPI |
2005 29 JUL | £133,500 | £140,267 | 5% below HPI |
2005 29 APR | £129,000 | £138,596 | 7% below HPI |
2001 2 FEB | £80,500 | £69,175 | 16% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 38 MEADOW BROWN ROAD sales between February 2001 and August 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 July 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
38 MEADOW BROWN ROAD is 71m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 38 MEADOW BROWN ROAD lies on this distribution: 11% of detached houses are smaller than 38 MEADOW BROWN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
38 MEADOW BROWN ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 38 MEADOW BROWN ROAD, 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 38 MEADOW BROWN ROAD). 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.
38 MEADOW BROWN ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 38 on MEADOW BROWN ROAD.