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
13 MEADOW LANE is a very small extended detached house of 59m², built sometime between 1900 and 1929. It was last sold for £280,000 in July 2023, which was around 45% below the average July 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows seven sales for 13 MEADOW LANE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the seven 13 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 |
---|---|---|---|
2023 10 JUL | £280,000 | £510,975 | 45% below HPI |
2020 26 NOV | £237,000 | £456,675 | 48% below HPI |
2016 16 NOV | £214,000 | £379,982 | 44% below HPI |
2005 18 NOV | £175,000 | £293,808 | 40% below HPI |
2004 13 FEB | £163,000 | £262,523 | 38% below HPI |
2003 16 JAN | £149,950 | £223,675 | 33% below HPI |
1997 28 NOV | £52,500 | £126,345 | 58% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The seven 13 MEADOW LANE sales between November 1997 and July 2023 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 November 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2023 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.
13 MEADOW LANE is 59m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 13 MEADOW LANE lies on this distribution: 1% of detached houses are smaller than 13 MEADOW LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.
13 MEADOW LANE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 13 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 13 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.
13 MEADOW LANE is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 13 on MEADOW LANE.