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

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

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 36% 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	£128,423	36% above HPI
2003 23 MAY	£175,500	£123,535	42% 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2011 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

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 in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 4 PARCHMENT MEWS lies on this distribution: 11% of detached 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.