24, REDLAKE MEADOW, BUCKNELL, SY7 0AY - £272,500

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.

24 REDLAKE MEADOW is a small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £284,625. It was last sold for £272,500 in July 2023, which was around 32% below the average July 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

24 REDLAKE MEADOW Sold Prices

Land registry data shows six sales for 24 REDLAKE MEADOW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the six 24 REDLAKE MEADOW 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
2023 17 JUL	£272,500	£399,509	32% below HPI
2021 7 MAY	£232,000	£343,549	32% below HPI
2011 5 APR	£182,250	£260,712	30% below HPI
2003 30 OCT	£159,000	£207,289	23% below HPI
2001 7 NOV	£90,000	£146,705	39% below HPI
1995 27 OCT	£68,000	£84,850	20% below HPI

24 REDLAKE MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The six 24 REDLAKE MEADOW sales between October 1995 and July 2023 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2023 sale, which was also at 32% below the HPI.

What might 24 REDLAKE MEADOW be worth now?

24 REDLAKE MEADOW might now be worth an estimated £284,625.

This is based on house price inflation of 4.4%, between July 2023 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for 24 REDLAKE MEADOW of £272,500 on 17th July 2023. For the value to have increased from £272,500 to £284,625 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 24 REDLAKE MEADOW has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2023 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 24 REDLAKE MEADOW has not materially changed since July 2023.

How Large is 24 REDLAKE MEADOW?

24 REDLAKE MEADOW is 91m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses houses in Bucknell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bucknell, and where 24 REDLAKE MEADOW lies on this distribution: 33% of detached houses houses are smaller than 24 REDLAKE MEADOW, and 67% of houses are larger. Note that EPC data is not available for all properties in Bucknell.

24 REDLAKE MEADOW: Plot and Title Map

24 REDLAKE MEADOW sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 24 REDLAKE MEADOW, 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 REDLAKE MEADOW). 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 24 REDLAKE MEADOW?

24 REDLAKE MEADOW is located in BUCKNELL, in the SY7 postcode district. The below map shows the position of No. 24 on REDLAKE MEADOW.