45, MEADOWBANK DRIVE, WORCESTER, WR2 5UB - £375,000

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

45 MEADOWBANK DRIVE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £375,000 in October 2022, which was around 12% below the average October 2022 detached price in the Worcester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

45 MEADOWBANK DRIVE Sold Prices

Land registry data shows four sales for 45 MEADOWBANK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four 45 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
2022 7 OCT	£375,000	£424,903	12% below HPI
2014 18 JUL	£220,000	£279,956	21% below HPI
2014 13 JUN	£222,500	£279,034	20% below HPI
1999 25 AUG	£100,000	£111,350	10% below HPI

45 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 four 45 MEADOWBANK DRIVE sales between August 1999 and October 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 July 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 45 MEADOWBANK DRIVE?

45 MEADOWBANK DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 45 MEADOWBANK DRIVE lies on this distribution: 28% of detached houses are smaller than 45 MEADOWBANK DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Worcester.

45 MEADOWBANK DRIVE: Plot and Title Map

45 MEADOWBANK DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 45 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 45 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 45 MEADOWBANK DRIVE?

45 MEADOWBANK DRIVE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 45 on MEADOWBANK DRIVE.