2, MEREVALE WAY, STENSON FIELDS, DERBY, DE24 3BR - £243,158

2 MEREVALE WAY is a midsized detached house of 112m². It was last sold for £243,158 in December 2016, which was around 3% below the average December 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 MEREVALE WAY Sold Prices

Land registry data shows three sales for 2 MEREVALE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 2 MEREVALE WAY 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 2 DEC	£243,158	£250,557	3% below HPI
2016 11 MAY	£197,500	£243,690	19% below HPI
2013 12 SEP	£197,500	£200,853	2% below HPI

2 MEREVALE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 2 MEREVALE WAY sales between September 2013 and December 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 May 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 MEREVALE WAY?

2 MEREVALE WAY is 112m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 MEREVALE WAY lies on this distribution: 55% of detached houses are smaller than 2 MEREVALE WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 MEREVALE WAY: Plot and Title Map

2 MEREVALE WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 2 MEREVALE WAY, 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 2 MEREVALE WAY). 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 2 MEREVALE WAY?

2 MEREVALE WAY is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 2 on MEREVALE WAY.