18, MEADOWBANK DRIVE, CHOPPINGTON, NE62 5YZ - £150,000

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.

18 MEADOWBANK DRIVE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £209,010. It was last sold for £150,000 in October 2015, which was around 42% below the average October 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

18 MEADOWBANK DRIVE Sold Prices

Land registry data shows two sales for 18 MEADOWBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 18 MEADOWBANK DRIVE 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
2015 28 OCT	£150,000	£258,209	42% below HPI
2010 22 FEB	£140,000	£246,247	43% below HPI

18 MEADOWBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 18 MEADOWBANK DRIVE sales from February 2010 and October 2015 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 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 18 MEADOWBANK DRIVE be worth now?

18 MEADOWBANK DRIVE might now be worth an estimated £209,010.

This is based on house price inflation of 39.3%, between October 2015 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.3% inflationary increase is applied to the most recent sale price for 18 MEADOWBANK DRIVE of £150,000 on 28th October 2015. For the value to have increased from £150,000 to £209,010 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 MEADOWBANK DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MEADOWBANK DRIVE has not materially changed since October 2015.

How Large is 18 MEADOWBANK DRIVE?

18 MEADOWBANK DRIVE is 65m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guide Post, and where 18 MEADOWBANK DRIVE lies on this distribution: 6% of detached houses houses are smaller than 18 MEADOWBANK DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Guide Post.

18 MEADOWBANK DRIVE: Plot and Title Map

18 MEADOWBANK DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 18 MEADOWBANK DRIVE, 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 MEADOWBANK DRIVE). 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 18 MEADOWBANK DRIVE?

18 MEADOWBANK DRIVE is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 18 on MEADOWBANK DRIVE.