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
18 MEADOW RISE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £290,000 in September 2023, which was around 23% below the average September 2023 detached price in the Wyre Forest local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 MEADOW RISE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the four 18 MEADOW RISE 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 7 SEP | £290,000 | £378,910 | 23% below HPI |
2004 27 FEB | £167,000 | £202,870 | 18% below HPI |
1996 6 DEC | £65,500 | £88,454 | 26% below HPI |
1996 25 SEP | £40,000 | £87,381 | 54% below HPI |
The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The four 18 MEADOW RISE sales between September 1996 and September 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 February 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
18 MEADOW RISE is 61m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 18 MEADOW RISE lies on this distribution: 7% of detached houses are smaller than 18 MEADOW RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bewdley.
18 MEADOW RISE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 18 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 18 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.
18 MEADOW RISE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 18 on MEADOW RISE.