Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 MEADOWAY is a very large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £350,000 in January 2023, which was around 4% above the average January 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 3 MEADOWAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 3 MEADOWAY sales were for above 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 |
---|---|---|---|
2023 24 JAN | £350,000 | £336,239 | 4% above HPI |
2002 31 OCT | £236,500 | £141,258 | 67% above HPI |
2001 31 AUG | £181,950 | £121,270 | 50% above HPI |
The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 3 MEADOWAY sales between August 2001 and January 2023 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 October 2002 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the January 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
3 MEADOWAY is 166m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses by size in Tarleton, and where 3 MEADOWAY lies on this distribution: 82% of detached houses are smaller than 3 MEADOWAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Tarleton.
3 MEADOWAY sits on a plot of roughly 16.1 acres, or 65,049m². The below map shows the location of 3 MEADOWAY, 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 3 MEADOWAY). 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.
3 MEADOWAY is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 3 on MEADOWAY.