2, MEADOWBANK, DUDLEY, CRAMLINGTON, NE23 7UB - £165,500

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.

2 MEADOWBANK is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £211,498. It was last sold for £165,500 in August 2020, which was around 43% below the average August 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 MEADOWBANK Sold Prices

Land registry data shows four sales for 2 MEADOWBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 2 MEADOWBANK 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
2020 21 AUG	£165,500	£291,594	43% below HPI
2016 30 SEP	£157,000	£267,777	41% below HPI
2013 28 JUN	£138,000	£226,090	39% below HPI
2001 17 APR	£74,500	£103,072	28% below HPI

2 MEADOWBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The four 2 MEADOWBANK sales between April 2001 and August 2020 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 September 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 MEADOWBANK be worth now?

2 MEADOWBANK might now be worth an estimated £211,498.

This is based on house price inflation of 27.8%, between August 2020 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 2 MEADOWBANK of £165,500 on 21st August 2020. For the value to have increased from £165,500 to £211,498 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MEADOWBANK has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2020 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOWBANK has not materially changed since August 2020.

How Large is 2 MEADOWBANK?

2 MEADOWBANK is 112m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 2 MEADOWBANK lies on this distribution: 51% of detached houses houses are smaller than 2 MEADOWBANK, and 49% of houses are larger. Note that EPC data is not available for all properties in Dudley.

2 MEADOWBANK: Plot and Title Map

2 MEADOWBANK sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 MEADOWBANK, 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 MEADOWBANK). 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 2 MEADOWBANK?

2 MEADOWBANK is located in DUDLEY, in the NE23 postcode district. The below map shows the position of No. 2 on MEADOWBANK.