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
2 MEADOW VALE is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £178,500 in August 2018, which was around 29% below the average August 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 MEADOW VALE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 2 MEADOW VALE 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 |
---|---|---|---|
2018 6 AUG | £178,500 | £251,145 | 29% below HPI |
2013 22 MAY | £147,000 | £212,110 | 31% below HPI |
2004 10 JUN | £149,000 | £186,655 | 20% below HPI |
1998 27 MAR | £74,995 | £88,181 | 15% below HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 2 MEADOW VALE sales between March 1998 and August 2018 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 May 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
2 MEADOW VALE is 78m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 2 MEADOW VALE lies on this distribution: 9% of detached houses are smaller than 2 MEADOW VALE, and 91% of houses are larger. Note that EPC data is not available for all properties in Leyland.
2 MEADOW VALE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 MEADOW VALE, 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 2 MEADOW VALE). 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.
2 MEADOW VALE is located in LEYLAND, in the PR26 postcode district. The below map shows the position of No. 2 on MEADOW VALE.