40, MEADOWBANK DRIVE, WORCESTER, WR2 5UB - £239,750

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.

40 MEADOWBANK DRIVE is a midsized detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £394,936. It was last sold for £239,750 in September 2010, which was around 6% below the average September 2010 detached price in the Worcester local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

40 MEADOWBANK DRIVE Sold Prices

Land registry data shows two sales for 40 MEADOWBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 40 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
2010 17 SEP	£239,750	£256,035	6% below HPI
2006 21 APR	£210,000	£250,035	16% below HPI

40 MEADOWBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 40 MEADOWBANK DRIVE sales from April 2006 and September 2010 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 April 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2010 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 40 MEADOWBANK DRIVE be worth now?

40 MEADOWBANK DRIVE might now be worth an estimated £394,936.

This is based on house price inflation of 64.7%, between September 2010 and February 2025, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.7% inflationary increase is applied to the most recent sale price for 40 MEADOWBANK DRIVE of £239,750 on 17th September 2010. For the value to have increased from £239,750 to £394,936 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 MEADOWBANK DRIVE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The September 2010 sale price of £239,750 represented a fair market value for the property.
• The size, condition, and specification of 40 MEADOWBANK DRIVE has not materially changed since September 2010.

How Large is 40 MEADOWBANK DRIVE?

40 MEADOWBANK DRIVE is 113m² according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 40 MEADOWBANK DRIVE lies on this distribution: 53% of detached houses houses are smaller than 40 MEADOWBANK DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Worcester.

40 MEADOWBANK DRIVE: Plot and Title Map

40 MEADOWBANK DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 40 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 40 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.

Where is 40 MEADOWBANK DRIVE?

40 MEADOWBANK DRIVE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 40 on MEADOWBANK DRIVE.