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 PRIEST MEADOW CLOSE is a small extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £450,000 in November 2022, which was around 9% above the average November 2022 detached price in the Redditch local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 40 PRIEST MEADOW CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 40 PRIEST MEADOW CLOSE 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 |
---|---|---|---|
2022 14 NOV | £450,000 | £413,196 | 9% above HPI |
2000 18 DEC | £144,000 | £129,792 | 11% above HPI |
1996 27 SEP | £105,000 | £89,692 | 17% above HPI |
The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The three 40 PRIEST MEADOW CLOSE sales between September 1996 and November 2022 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 December 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
40 PRIEST MEADOW CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 40 PRIEST MEADOW CLOSE lies on this distribution: 39% of detached houses are smaller than 40 PRIEST MEADOW CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.
40 PRIEST MEADOW CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 40 PRIEST MEADOW CLOSE, 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 PRIEST MEADOW CLOSE). 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 PRIEST MEADOW CLOSE is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 40 on PRIEST MEADOW CLOSE.