27, MEADOWBANK DRIVE, CHOPPINGTON, NE62 5YZ - £165,000

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.

27 MEADOWBANK DRIVE is a midsized detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £244,413. It was last sold for £165,000 in August 2011, which was around 32% below the average August 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

27 MEADOWBANK DRIVE Sold Prices

Land registry data shows three sales for 27 MEADOWBANK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 27 MEADOWBANK DRIVE 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
2011 19 AUG	£165,000	£242,889	32% below HPI
2001 16 MAR	£76,000	£105,832	28% below HPI
1997 3 OCT	£66,000	£90,322	27% below HPI

27 MEADOWBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 27 MEADOWBANK DRIVE sales between October 1997 and August 2011 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 27 MEADOWBANK DRIVE be worth now?

27 MEADOWBANK DRIVE might now be worth an estimated £244,413.

This is based on house price inflation of 48.1%, between August 2011 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.1% inflationary increase is applied to the most recent sale price for 27 MEADOWBANK DRIVE of £165,000 on 19th August 2011. For the value to have increased from £165,000 to £244,413 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 27 MEADOWBANK DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MEADOWBANK DRIVE has not materially changed since August 2011.

How Large is 27 MEADOWBANK DRIVE?

27 MEADOWBANK DRIVE is 89m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guide Post, and where 27 MEADOWBANK DRIVE lies on this distribution: 45% of detached houses houses are smaller than 27 MEADOWBANK DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Guide Post.

27 MEADOWBANK DRIVE: Plot and Title Map

27 MEADOWBANK DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 27 MEADOWBANK DRIVE, 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 27 MEADOWBANK DRIVE). 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 27 MEADOWBANK DRIVE?

27 MEADOWBANK DRIVE is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 27 on MEADOWBANK DRIVE.