5, MEADOW CLOSE, SUTTON COLDFIELD, B74 3JE - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MEADOW CLOSE is a very small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £480,161. It was last sold for £465,000 in May 2024, which was around 41% above the average May 2024 detached price in the Walsall local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

5 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 5 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 5 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
2024 30 MAY	£465,000	£328,738	41% above HPI
2003 24 OCT	£214,500	£168,060	28% above HPI
2002 11 OCT	£215,000	£135,475	59% above HPI

5 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 5 MEADOW CLOSE sales between October 2002 and May 2024 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 October 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2024 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 5 MEADOW CLOSE be worth now?

5 MEADOW CLOSE might now be worth an estimated £480,161.

This is based on house price inflation of 3.3%, between May 2024 and December 2024, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 5 MEADOW CLOSE of £465,000 on 30th May 2024. For the value to have increased from £465,000 to £480,161 over the five months to December 2024, the following assumptions must hold true:

• The value of 5 MEADOW CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2024 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOW CLOSE has not materially changed since May 2024.

How Large is 5 MEADOW CLOSE?

5 MEADOW CLOSE is 86m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Streetly, and where 5 MEADOW CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 MEADOW CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Streetly.

5 MEADOW CLOSE: Plot and Title Map

5 MEADOW CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 5 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 5 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.

Where is 5 MEADOW CLOSE?

5 MEADOW CLOSE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 5 on MEADOW CLOSE.