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
198 MEADOW ROAD is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2019, which was around 14% below the average July 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 198 MEADOW ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 198 MEADOW ROAD 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 |
---|---|---|---|
2019 10 JUL | £225,000 | £261,115 | 14% below HPI |
1996 15 MAR | £63,000 | £68,964 | 9% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 198 MEADOW ROAD sales from March 1996 and July 2019 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 March 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
198 MEADOW ROAD is 68m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 198 MEADOW ROAD lies on this distribution: 7% of detached houses are smaller than 198 MEADOW ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Beeston.
198 MEADOW ROAD sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 198 MEADOW ROAD, 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 198 MEADOW ROAD). 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.
198 MEADOW ROAD is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 198 on MEADOW ROAD.