8, OAKLEY MEWS, NOTTINGHAM, NG6 8WF - £220,000

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.

8 OAKLEY MEWS is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £252,250. It was last sold for £220,000 in September 2021, which was around 22% below the average September 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

8 OAKLEY MEWS Sold Prices

Land registry data shows three sales for 8 OAKLEY MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 8 OAKLEY 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
2021 30 SEP	£220,000	£282,551	22% below HPI
2014 30 JUN	£145,000	£173,909	17% below HPI
2010 16 APR	£130,000	£164,108	21% below HPI

8 OAKLEY 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 three 8 OAKLEY MEWS sales between April 2010 and September 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 June 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 OAKLEY MEWS be worth now?

8 OAKLEY MEWS might now be worth an estimated £252,250.

This is based on house price inflation of 14.7%, between September 2021 and February 2025, 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 14.7% inflationary increase is applied to the most recent sale price for 8 OAKLEY MEWS of £220,000 on 30th September 2021. For the value to have increased from £220,000 to £252,250 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 OAKLEY MEWS has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKLEY MEWS has not materially changed since September 2021.

How Large is 8 OAKLEY MEWS?

8 OAKLEY MEWS is 70m² according to the EPC inspection conducted in January 2022. 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 8 OAKLEY MEWS lies on this distribution: 10% of detached houses houses are smaller than 8 OAKLEY MEWS, and 89% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 OAKLEY MEWS: Plot and Title Map

8 OAKLEY MEWS sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 OAKLEY 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 8 OAKLEY 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 8 OAKLEY MEWS?

8 OAKLEY MEWS is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 8 on OAKLEY MEWS.