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
4 MEADOWLANDS DRIVE is a large detached house of 123m², built sometime between 1976 and 1982. It was last sold for £305,000 in July 2023, which was around 12% below the average July 2023 detached price in the Walsall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 MEADOWLANDS DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 4 MEADOWLANDS 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 |
---|---|---|---|
2023 13 JUL | £305,000 | £346,874 | 12% below HPI |
2012 25 JUL | £170,000 | £201,509 | 16% below HPI |
2000 10 FEB | £87,500 | £94,479 | 7% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 4 MEADOWLANDS DRIVE sales between February 2000 and July 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 July 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
4 MEADOWLANDS DRIVE is 123m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 4 MEADOWLANDS DRIVE lies on this distribution: 75% of detached houses are smaller than 4 MEADOWLANDS DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Shelfield.
4 MEADOWLANDS DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 4 MEADOWLANDS 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 4 MEADOWLANDS 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.
4 MEADOWLANDS DRIVE is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 4 on MEADOWLANDS DRIVE.