4, MEREVALE WAY, STENSON FIELDS, DERBY, DE24 3BR - £167,995

4 MEREVALE WAY is a very small detached house of 62m². It was last sold for £167,995 in August 2020, which was around 39% below the average August 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was A.

4 MEREVALE WAY Sold Prices

Land registry data shows four sales for 4 MEREVALE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 4 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
2020 14 AUG	£167,995	£273,187	39% below HPI
2020 17 JUL	£165,000	£268,351	39% below HPI
2016 30 NOV	£165,000	£251,107	34% below HPI
2016 15 JUN	£120,000	£247,105	51% below HPI

4 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 four 4 MEREVALE WAY sales between June 2016 and August 2020 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 July 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2020 sale, which was also at 39% below the HPI.

How Large is 4 MEREVALE WAY?

4 MEREVALE WAY is 62m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 4 MEREVALE WAY lies on this distribution: 6% of detached houses are smaller than 4 MEREVALE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 MEREVALE WAY: Plot and Title Map

4 MEREVALE WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 4 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 4 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 4 MEREVALE WAY?

4 MEREVALE WAY is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 4 on MEREVALE WAY.