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
82 MEAR DRIVE is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £211,500 in May 2012, which was around 26% above the average May 2012 detached price in the Erewash local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 82 MEAR DRIVE 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. Most of the five 82 MEAR DRIVE 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 |
---|---|---|---|
2012 14 MAY | £211,500 | £168,253 | 26% above HPI |
2008 7 JAN | £182,000 | £188,122 | 3% below HPI |
2003 6 JUN | £162,000 | £142,411 | 14% above HPI |
1999 23 JUL | £78,000 | £69,672 | 12% above HPI |
1996 30 AUG | £72,500 | £61,878 | 17% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The five 82 MEAR DRIVE sales between August 1996 and May 2012 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 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
82 MEAR DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 82 MEAR DRIVE lies on this distribution: 40% of detached houses are smaller than 82 MEAR DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Borrowash.
82 MEAR DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 82 MEAR DRIVE, 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 82 MEAR DRIVE). 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.
82 MEAR DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 82 on MEAR DRIVE.