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
61 MOUNTFIELD AVENUE is a large extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £255,000 in April 2021, which was around 4% below the average April 2021 detached price in the Erewash local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 61 MOUNTFIELD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 61 MOUNTFIELD AVENUE 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 |
---|---|---|---|
2021 1 APR | £255,000 | £265,845 | 4% below HPI |
2016 29 APR | £170,000 | £204,936 | 17% below HPI |
2013 6 DEC | £163,000 | £176,454 | 8% below HPI |
1996 31 MAY | £51,000 | £60,299 | 15% below HPI |
1995 7 AUG | £50,000 | £60,795 | 18% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The five 61 MOUNTFIELD AVENUE sales between August 1995 and April 2021 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 April 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
61 MOUNTFIELD AVENUE is 113m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 61 MOUNTFIELD AVENUE lies on this distribution: 65% of detached houses are smaller than 61 MOUNTFIELD AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
61 MOUNTFIELD AVENUE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 61 MOUNTFIELD AVENUE, 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 61 MOUNTFIELD AVENUE). 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.
61 MOUNTFIELD AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 61 on MOUNTFIELD AVENUE.