40, MEADOWBANK, DUDLEY, CRAMLINGTON, NE23 7UB - £173,000

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 is a small extended detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £266,692. It was last sold for £173,000 in May 2014, which was around 28% below the average May 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

40 MEADOWBANK Sold Prices

Land registry data shows two sales for 40 MEADOWBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 40 MEADOWBANK 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
2014 2 MAY	£173,000	£241,725	28% below HPI
2005 24 MAR	£185,000	£215,971	14% below HPI

40 MEADOWBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 40 MEADOWBANK sales from March 2005 and May 2014 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 March 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 40 MEADOWBANK be worth now?

40 MEADOWBANK might now be worth an estimated £266,692.

This is based on house price inflation of 54.2%, between May 2014 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.2% inflationary increase is applied to the most recent sale price for 40 MEADOWBANK of £173,000 on 2nd May 2014. For the value to have increased from £173,000 to £266,692 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 40 MEADOWBANK has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The May 2014 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MEADOWBANK has not materially changed since May 2014.

How Large is 40 MEADOWBANK?

40 MEADOWBANK is 107m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dudley, and where 40 MEADOWBANK lies on this distribution: 39% of detached houses houses are smaller than 40 MEADOWBANK, and 58% of houses are larger. Note that EPC data is not available for all properties in Dudley.

40 MEADOWBANK: Plot and Title Map

40 MEADOWBANK sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 40 MEADOWBANK, 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). 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?

40 MEADOWBANK is located in DUDLEY, in the NE23 postcode district. The below map shows the position of No. 40 on MEADOWBANK.