40, MEREVALE WAY, STENSON FIELDS, DERBY, DE24 3BR - £260,995

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.

40 MEREVALE WAY is a large detached house of 136m², built in 2015, which could now be worth an estimated £405,323. It was last sold for £260,995 in June 2015, which was around 11% above the average June 2015 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

40 MEREVALE WAY Sold Prices

Land registry data shows one sale for 40 MEREVALE WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Derbyshire 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
2015 26 JUN	£260,995	£234,335	11% above HPI

What might 40 MEREVALE WAY be worth now?

40 MEREVALE WAY might now be worth an estimated £405,323.

This is based on house price inflation of 55.3%, between June 2015 and April 2026, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for 40 MEREVALE WAY of £260,995 on 26th June 2015. For the value to have increased from £260,995 to £405,323 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 40 MEREVALE WAY has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The June 2015 sale price of £260,995 represented a fair market value for the property.
• The size, condition, and specification of 40 MEREVALE WAY has not materially changed since June 2015.

How Large is 40 MEREVALE WAY?

40 MEREVALE WAY is 136m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 40 MEREVALE WAY lies on this distribution: 78% of detached houses are smaller than 40 MEREVALE WAY, and 22% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

40 MEREVALE WAY: Plot

40 MEREVALE WAY sits on a plot of roughly 0.060 of an acre, or 242m².

Where is 40 MEREVALE WAY?

40 MEREVALE WAY is located in STENSON FIELDS, in the DE24 postcode district.