249, MERESIDE WAY, SOLIHULL, B92 7AY - £470,000

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.

249 MERESIDE WAY is a midsized extended detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £578,043. It was last sold for £470,000 in October 2019, which was around 1% below the average October 2019 detached price in the Solihull local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

249 MERESIDE WAY Sold Prices

Land registry data shows two sales for 249 MERESIDE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two 249 MERESIDE WAY 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
2019 21 OCT	£470,000	£474,229	1% below HPI
2018 2 MAR	£375,000	£453,697	17% below HPI

249 MERESIDE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 249 MERESIDE WAY sales from March 2018 and October 2019 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 March 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 249 MERESIDE WAY be worth now?

249 MERESIDE WAY might now be worth an estimated £578,043.

This is based on house price inflation of 23%, between October 2019 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for 249 MERESIDE WAY of £470,000 on 21st October 2019. For the value to have increased from £470,000 to £578,043 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 249 MERESIDE WAY has moved in line with the HPI for detached houses in the Solihull local authority area.
• The October 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 249 MERESIDE WAY has not materially changed since October 2019.

How Large is 249 MERESIDE WAY?

249 MERESIDE WAY is 134m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 249 MERESIDE WAY lies on this distribution: 55% of detached houses houses are smaller than 249 MERESIDE WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Solihull.

249 MERESIDE WAY: Plot and Title Map

249 MERESIDE WAY sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 249 MERESIDE WAY, 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 249 MERESIDE WAY). 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 249 MERESIDE WAY?

249 MERESIDE WAY is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 249 on MERESIDE WAY.