11, MEREVALE CLOSE, LOWDHAM, NOTTINGHAM, NG14 7AA - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 MEREVALE CLOSE is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £335,147. It was last sold for £235,000 in February 2017, which was around 6% below the average February 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

11 MEREVALE CLOSE Sold Prices

Land registry data shows one sale for 11 MEREVALE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 2 FEB	£235,000	£250,869	6% below HPI

What might 11 MEREVALE CLOSE be worth now?

11 MEREVALE CLOSE might now be worth an estimated £335,147.

This is based on house price inflation of 42.6%, between February 2017 and April 2026, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.6% inflationary increase is applied to the most recent sale price for 11 MEREVALE CLOSE of £235,000 on 2nd February 2017. For the value to have increased from £235,000 to £335,147 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 11 MEREVALE CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MEREVALE CLOSE has not materially changed since February 2017.

How Large is 11 MEREVALE CLOSE?

11 MEREVALE CLOSE is 99m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 11 MEREVALE CLOSE lies on this distribution: 25% of detached houses are smaller than 11 MEREVALE CLOSE, and 74% of detached houses are larger. Note that EPC data is not available for all properties in Lowdham.

11 MEREVALE CLOSE: Plot

11 MEREVALE CLOSE sits on a plot of roughly 0.111 of an acre, or 451m².

Where is 11 MEREVALE CLOSE?

11 MEREVALE CLOSE is located in LOWDHAM, in the NG14 postcode district.