27, NEW MEADOW CLOSE, BIRMINGHAM, B31 3XT - £225,000

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

27 NEW MEADOW CLOSE is a midsized extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £225,000 in June 2014, which was around 14% below the average June 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

27 NEW MEADOW CLOSE Sold Prices

Land registry data shows two sales for 27 NEW MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 27 NEW MEADOW CLOSE 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
2014 2 JUN	£225,000	£262,116	14% below HPI
1997 2 MAY	£89,500	£95,198	6% below HPI

27 NEW MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 27 NEW MEADOW CLOSE sales from May 1997 and June 2014 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 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 27 NEW MEADOW CLOSE?

27 NEW MEADOW CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 27 NEW MEADOW CLOSE lies on this distribution: 58% of detached houses are smaller than 27 NEW MEADOW CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

27 NEW MEADOW CLOSE: Plot and Title Map

27 NEW MEADOW CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 27 NEW MEADOW CLOSE, 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 NEW MEADOW CLOSE). 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 NEW MEADOW CLOSE?

27 NEW MEADOW CLOSE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 27 on NEW MEADOW CLOSE.