16, MEADOW RISE, LLAY, WREXHAM, LL12 0QA - £137,000

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.

16 MEADOW RISE is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £179,035. It was last sold for £137,000 in March 2020, which was around 2% below the average March 2020 semi-detached price in the Wrexham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

16 MEADOW RISE Sold Prices

Land registry data shows two sales for 16 MEADOW RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wrexham local authority area for the corresponding sale date. One of the two 16 MEADOW RISE sales was for below the average price, whilst the other was for above 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
2020 18 MAR	£137,000	£140,406	2% below HPI
2002 12 NOV	£84,950	£68,916	23% above HPI

16 MEADOW RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wrexham local authority area over time, sourced from the HPI. The two 16 MEADOW RISE sales from November 2002 and March 2020 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 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 MEADOW RISE be worth now?

16 MEADOW RISE might now be worth an estimated £179,035.

This is based on house price inflation of 30.7%, between March 2020 and March 2025, for semi-detached houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.7% inflationary increase is applied to the most recent sale price for 16 MEADOW RISE of £137,000 on 18th March 2020. For the value to have increased from £137,000 to £179,035 over the five years to March 2025, the following assumptions must hold true:

• The value of 16 MEADOW RISE has moved in line with the HPI for semi-detached houses in the Wrexham local authority area.
• The March 2020 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MEADOW RISE has not materially changed since March 2020.

How Large is 16 MEADOW RISE?

16 MEADOW RISE is 58m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Llay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Llay, and where 16 MEADOW RISE lies on this distribution: 5% of semi-detached houses houses are smaller than 16 MEADOW RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in Llay.

16 MEADOW RISE: Plot and Title Map

16 MEADOW RISE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 16 MEADOW RISE, 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 16 MEADOW RISE). 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 16 MEADOW RISE?

16 MEADOW RISE is located in LLAY, in the LL12 postcode district. The below map shows the position of No. 16 on MEADOW RISE.