7, FARNDON MEWS, NOTTINGHAM, NG3 6NZ - £62,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 FARNDON MEWS is a very small detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £101,910. It was last sold for £62,000 in March 2016, which was around 73% below the average March 2016 detached price in the Gedling local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

7 FARNDON MEWS Sold Prices

Land registry data shows four sales for 7 FARNDON MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 7 FARNDON MEWS 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
2016 24 MAR	£62,000	£227,490	73% below HPI
2013 31 JAN	£47,000	£186,207	75% below HPI
2003 19 AUG	£58,250	£175,805	67% below HPI
1998 3 JUL	£28,950	£81,771	65% below HPI

7 FARNDON MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The four 7 FARNDON MEWS sales between July 1998 and March 2016 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 January 2013 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the March 2016 sale, where it rises to 73% below the HPI. The line then continues to track at 73% below the HPI.

What might 7 FARNDON MEWS be worth now?

7 FARNDON MEWS might now be worth an estimated £101,910.

This is based on house price inflation of 64.4%, between March 2016 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.4% inflationary increase is applied to the most recent sale price for 7 FARNDON MEWS of £62,000 on 24th March 2016. For the value to have increased from £62,000 to £101,910 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 7 FARNDON MEWS has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2016 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FARNDON MEWS has not materially changed since March 2016.

How Large is 7 FARNDON MEWS?

7 FARNDON MEWS is 46m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 7 FARNDON MEWS lies on this distribution: Less than 1% of detached houses houses are smaller than 7 FARNDON MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Carlton.

7 FARNDON MEWS: Plot and Title Map

7 FARNDON MEWS sits on a plot of roughly 1.5 acres, or 5,983m². The below map shows the location of 7 FARNDON 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 7 FARNDON 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 7 FARNDON MEWS?

7 FARNDON MEWS is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 7 on FARNDON MEWS.