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
24 MEADWAY is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £144,000 in July 2013, which was around 35% below the average July 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 24 MEADWAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 24 MEADWAY 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 |
---|---|---|---|
2013 25 JUL | £144,000 | £222,531 | 35% below HPI |
1998 16 JAN | £57,000 | £83,783 | 32% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 24 MEADWAY sales from January 1998 and July 2013 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 January 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
24 MEADWAY is 72m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 24 MEADWAY lies on this distribution: 6% of detached houses are smaller than 24 MEADWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
24 MEADWAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 24 MEADWAY, 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 24 MEADWAY). 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.
24 MEADWAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 24 on MEADWAY.