7, FARNDON MEWS, NOTTINGHAM, NG3 6NZ - £62,000

7 FARNDON MEWS is a very small detached house of 46m², built sometime between 1976 and 1982. It was last sold for £62,000 in March 2016, which was around 73% below the average March 2016 detached price in the Gedling local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

7 FARNDON MEWS Sold Prices

Land registry data shows four sales for 7 FARNDON MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 7 FARNDON MEWS 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 24 MAR	£62,000	£226,825	73% below HPI
2013 31 JAN	£47,000	£185,663	75% below HPI
2003 19 AUG	£58,250	£175,291	67% below HPI
1998 3 JUL	£28,950	£81,532	64% below HPI

7 FARNDON MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The four 7 FARNDON MEWS sales between July 1998 and March 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 January 2013 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the March 2016 sale, where it rises to 73% below the HPI. The line then continues to track at 73% below the HPI.

How Large is 7 FARNDON MEWS?

7 FARNDON MEWS is 46m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 7 FARNDON MEWS lies on this distribution: Less than 1% of detached houses are smaller than 7 FARNDON MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Carlton.

7 FARNDON MEWS: Plot and Title Map

7 FARNDON MEWS sits on a plot of roughly 1.5 acres, or 5,983m². The below map shows the location of 7 FARNDON MEWS, 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 7 FARNDON MEWS). 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 7 FARNDON MEWS?

7 FARNDON MEWS is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 7 on FARNDON MEWS.