15, ARDEN MEADS, HOCKLEY HEATH, SOLIHULL, B94 6QN - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 ARDEN MEADS is a small extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £490,000 in November 2023, which was around 18% below the average November 2023 detached price in the Solihull local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

15 ARDEN MEADS Sold Prices

Land registry data shows three sales for 15 ARDEN MEADS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three 15 ARDEN MEADS 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 22 NOV	£490,000	£595,174	18% below HPI
2009 11 DEC	£250,000	£331,688	25% below HPI
2004 25 JUN	£237,500	£304,152	22% below HPI

15 ARDEN MEADS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 15 ARDEN MEADS sales between June 2004 and November 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 December 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 ARDEN MEADS?

15 ARDEN MEADS is 113m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley Heath, and where 15 ARDEN MEADS lies on this distribution: 30% of detached houses are smaller than 15 ARDEN MEADS, and 69% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.

15 ARDEN MEADS: Plot and Title Map

15 ARDEN MEADS sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of 15 ARDEN MEADS, 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 15 ARDEN MEADS). 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 15 ARDEN MEADS?

15 ARDEN MEADS is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 15 on ARDEN MEADS.