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

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 MEADOWBANK DRIVE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £150,000 in October 2015, which was around 40% 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	£250,162	40% below HPI
2010 22 FEB	£140,000	£238,572	41% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Guide Post, based on EPC data. The below chart shows the distribution of detached houses by size in Guide Post, and where 18 MEADOWBANK DRIVE lies on this distribution: 6% of detached 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.