MAREDO, CLARE VALLEY, NOTTINGHAM, NG7 1BU - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MAREDO is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £595,000 in November 2019, which was around 139% above the average November 2019 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

MAREDO Sold Prices

Land registry data shows three sales for MAREDO 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 MAREDO 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
2019 15 NOV	£595,000	£249,451	139% above HPI
2011 21 OCT	£500,000	£130,658	283% above HPI
1998 3 APR	£185,000	£55,591	233% above HPI

MAREDO 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 MAREDO sales between April 1998 and November 2019 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 October 2011 sale was for 283% above the HPI. So the extrapolation line tracks at 283% above the HPI over time, until the November 2019 sale, where it falls to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is MAREDO?

MAREDO is 107m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where MAREDO lies on this distribution: 55% of detached houses are smaller than MAREDO, and 44% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

MAREDO: Plot and Title Map

MAREDO sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of MAREDO, 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 MAREDO). 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 MAREDO?

MAREDO is located on CLARE VALLEY in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of MAREDO on CLARE VALLEY.