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
34 MEADOWBANK DRIVE is a small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £161,000 in March 2017, which was around 35% below the average March 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 34 MEADOWBANK DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the six 34 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 |
---|---|---|---|
2017 3 MAR | £161,000 | £247,059 | 35% below HPI |
2007 3 OCT | £167,500 | £260,342 | 36% below HPI |
2001 14 DEC | £75,000 | £116,335 | 36% below HPI |
2000 14 APR | £59,950 | £99,272 | 40% below HPI |
2000 31 MAR | £60,000 | £96,231 | 38% below HPI |
1998 31 JUL | £59,950 | £91,039 | 34% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The six 34 MEADOWBANK DRIVE sales between July 1998 and March 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 October 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
34 MEADOWBANK DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses by size in Guide Post, and where 34 MEADOWBANK DRIVE lies on this distribution: 23% of detached houses are smaller than 34 MEADOWBANK DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Guide Post.
34 MEADOWBANK DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 34 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 34 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.
34 MEADOWBANK DRIVE is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 34 on MEADOWBANK DRIVE.