28, MEADOWBANK, DUDLEY, CRAMLINGTON, NE23 7UB - £179,950

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.

28 MEADOWBANK is a very small extended detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £221,417. It was last sold for £179,950 in November 2020, which was around 41% below the average November 2020 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

28 MEADOWBANK Sold Prices

Land registry data shows four sales for 28 MEADOWBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 28 MEADOWBANK 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
2020 27 NOV	£179,950	£302,849	41% below HPI
2018 29 JUN	£182,000	£277,706	34% below HPI
2017 4 APR	£155,000	£264,137	41% below HPI
2016 31 OCT	£165,000	£269,866	39% below HPI

28 MEADOWBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The four 28 MEADOWBANK sales between October 2016 and November 2020 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 June 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 28 MEADOWBANK be worth now?

28 MEADOWBANK might now be worth an estimated £221,417.

This is based on house price inflation of 23%, between November 2020 and February 2025, for detached houses, in the North Tyneside 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 28 MEADOWBANK of £179,950 on 27th November 2020. For the value to have increased from £179,950 to £221,417 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 MEADOWBANK has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The November 2020 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 28 MEADOWBANK has not materially changed since November 2020.

How Large is 28 MEADOWBANK?

28 MEADOWBANK is 77m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 28 MEADOWBANK lies on this distribution: 9% of detached houses houses are smaller than 28 MEADOWBANK, and 91% of houses are larger. Note that EPC data is not available for all properties in Dudley.

28 MEADOWBANK: Plot and Title Map

28 MEADOWBANK sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 28 MEADOWBANK, 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 28 MEADOWBANK). 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 28 MEADOWBANK?

28 MEADOWBANK is located in DUDLEY, in the NE23 postcode district. The below map shows the position of No. 28 on MEADOWBANK.