4, PARCHMENT MEWS, NOTTINGHAM, NG5 1QS - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PARCHMENT MEWS is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £175,000 in February 2011, which was around 8% above the average February 2011 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

4 PARCHMENT MEWS Sold Prices

Land registry data shows two sales for 4 PARCHMENT MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 4 PARCHMENT MEWS 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
2011 25 FEB	£175,000	£162,091	8% above HPI
2003 23 MAY	£175,500	£155,921	13% above HPI

4 PARCHMENT MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 4 PARCHMENT MEWS sales from May 2003 and February 2011 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 May 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2011 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 PARCHMENT MEWS be worth now?

4 PARCHMENT MEWS might now be worth an estimated £348,712.

This is based on house price inflation of 99.3%, between February 2011 and December 2024, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.3% inflationary increase is applied to the most recent sale price for 4 PARCHMENT MEWS of £175,000 on 25th February 2011. For the value to have increased from £175,000 to £348,712 over the twelve years and two months to December 2024, the following assumptions must hold true:

• The value of 4 PARCHMENT MEWS has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The February 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARCHMENT MEWS has not materially changed since February 2011.

How Large is 4 PARCHMENT MEWS?

4 PARCHMENT MEWS is 70m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 4 PARCHMENT MEWS lies on this distribution: 11% of detached houses houses are smaller than 4 PARCHMENT MEWS, and 89% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

4 PARCHMENT MEWS: Plot and Title Map

4 PARCHMENT MEWS sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 4 PARCHMENT 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 4 PARCHMENT 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 4 PARCHMENT MEWS?

4 PARCHMENT MEWS is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 4 on PARCHMENT MEWS.