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
38 MEADOW ROAD is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £395,000 in April 2021, which was around 12% above the average April 2021 detached price in the Worcester local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 38 MEADOW ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 38 MEADOW ROAD 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 |
---|---|---|---|
2021 12 APR | £395,000 | £353,266 | 12% above HPI |
2010 29 OCT | £292,000 | £264,319 | 10% above HPI |
2005 14 OCT | £283,000 | £248,215 | 14% above HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three 38 MEADOW ROAD sales between October 2005 and April 2021 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 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
38 MEADOW ROAD is 113m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 38 MEADOW ROAD lies on this distribution: 52% of detached houses are smaller than 38 MEADOW ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Worcester.
38 MEADOW ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 38 MEADOW ROAD, 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 38 MEADOW ROAD). 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.
38 MEADOW ROAD is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 38 on MEADOW ROAD.