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
25 MEADOW LANE is a very small semi-detached house of 81m², built sometime between 1950 and 1966. It was last sold for £345,000 in November 2017, which was around 16% below the average November 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 25 MEADOW LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The four 25 MEADOW LANE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2017 17 NOV | £345,000 | £411,396 | 16% below HPI |
2014 3 SEP | £325,000 | £333,919 | 3% below HPI |
2010 14 MAY | £300,000 | £298,889 | Close to HPI |
2007 7 SEP | £201,000 | £322,603 | 38% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 25 MEADOW LANE sales between September 2007 and November 2017 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
25 MEADOW LANE is 81m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 25 MEADOW LANE lies on this distribution: 7% of detached houses are smaller than 25 MEADOW LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.
25 MEADOW LANE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 25 MEADOW LANE, 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 25 MEADOW LANE). 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.
25 MEADOW LANE is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 25 on MEADOW LANE.