116 MERCHANT STREET is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £87,500 in August 2012, which was around 32% below the average August 2012 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 116 MERCHANT STREET since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 116 MERCHANT STREET 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 |
---|---|---|---|
2012 22 AUG | £87,500 | £129,090 | 32% below HPI |
2009 10 FEB | £109,000 | £124,549 | 12% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 116 MERCHANT STREET sales from February 2009 and August 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 February 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
116 MERCHANT STREET is 92m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 116 MERCHANT STREET lies on this distribution: 36% of detached houses are smaller than 116 MERCHANT STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
116 MERCHANT STREET sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 116 MERCHANT STREET, 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 116 MERCHANT STREET). 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.
116 MERCHANT STREET is located in BULWELL, in the NG6 postcode district. The below map shows the position of No. 116 on MERCHANT STREET.