57, MEREVALE WAY, STENSON FIELDS, DERBY, DE24 3FG - £235,000

57 MEREVALE WAY is a small detached house of 88m². It was last sold for £235,000 in March 2021, which was around 21% below the average March 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

57 MEREVALE WAY Sold Prices

Land registry data shows two sales for 57 MEREVALE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 57 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
2021 5 MAR	£235,000	£296,608	21% below HPI
2015 25 SEP	£202,995	£238,227	15% below HPI

57 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 two 57 MEREVALE WAY sales from September 2015 and March 2021 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 September 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 57 MEREVALE WAY?

57 MEREVALE WAY is 88m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 57 MEREVALE WAY lies on this distribution: 29% of detached houses are smaller than 57 MEREVALE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Derby.

57 MEREVALE WAY: Plot and Title Map

57 MEREVALE WAY sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 57 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 57 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 57 MEREVALE WAY?

57 MEREVALE WAY is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 57 on MEREVALE WAY.