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
24 MEADWAY is a large detached house of 141m², built sometime between 1991 and 1995. It was last sold for £164,995 in November 2015, which was around 16% below the average November 2015 detached price in the South Holland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, 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 Holland 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 |
---|---|---|---|
2015 13 NOV | £164,995 | £197,594 | 16% below HPI |
2015 31 JUL | £154,000 | £196,793 | 22% below HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 24 MEADWAY sales from July 2015 and November 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 July 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
24 MEADWAY is 141m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 24 MEADWAY lies on this distribution: 78% of detached houses are smaller than 24 MEADWAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Spalding.
24 MEADWAY sits on a plot of roughly 0.081 of an acre, or 326m². 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 SPALDING, in the PE11 postcode district. The below map shows the position of No. 24 on MEADWAY.