12, MEADOW LANE, DERRINGTON, STAFFORD, ST18 9NA - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MEADOW LANE is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2017, which was around 20% below the average July 2017 detached price in the Stafford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

12 MEADOW LANE Sold Prices

Land registry data shows two sales for 12 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two 12 MEADOW LANE 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
2017 14 JUL	£225,000	£281,555	20% below HPI
1997 14 AUG	£84,500	£90,332	6% below HPI

12 MEADOW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two 12 MEADOW LANE sales from August 1997 and July 2017 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 August 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 MEADOW LANE?

12 MEADOW LANE is 102m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Derrington, based on EPC data. The below chart shows the distribution of detached houses by size in Derrington, and where 12 MEADOW LANE lies on this distribution: 43% of detached houses are smaller than 12 MEADOW LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Derrington.

12 MEADOW LANE: Plot and Title Map

12 MEADOW LANE sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of 12 MEADOW LANE, 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 12 MEADOW LANE). 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 12 MEADOW LANE?

12 MEADOW LANE is located in DERRINGTON, in the ST18 postcode district. The below map shows the position of No. 12 on MEADOW LANE.