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
40 MEADWAY is a small extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £550,000 in November 2021, which was around 48% below the average November 2021 detached price in the Enfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 40 MEADWAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the three 40 MEADWAY 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 |
---|---|---|---|
2021 22 NOV | £550,000 | £1,052,049 | 48% below HPI |
1999 24 AUG | £135,000 | £255,532 | 47% below HPI |
1997 29 OCT | £108,000 | £214,115 | 50% below HPI |
The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The three 40 MEADWAY sales between October 1997 and November 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 August 1999 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
40 MEADWAY is 116m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 40 MEADWAY lies on this distribution: 31% of detached houses are smaller than 40 MEADWAY, and 68% of houses are larger. Note that EPC data is not available for all properties in London.
40 MEADWAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 40 MEADWAY, 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 MEADWAY). 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.
40 MEADWAY is located in ENFIELD, in the EN3 postcode district. The below map shows the position of No. 40 on MEADWAY.