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
5 MEADOW CLOSE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £465,000 in May 2024, which was around 34% 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.
Land registry data shows three sales for 5 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 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 | £345,955 | 34% above HPI |
2003 24 OCT | £214,500 | £173,701 | 23% above HPI |
2002 11 OCT | £215,000 | £140,022 | 54% above HPI |
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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2024 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
5 MEADOW CLOSE is 86m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 5 MEADOW CLOSE lies on this distribution: 9% of detached houses are smaller than 5 MEADOW CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Streetly.
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.
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.