5, MEADOWBANK DRIVE, CHOPPINGTON, NE62 5YZ - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MEADOWBANK DRIVE is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £236,769. It was last sold for £205,000 in June 2022, which was around 34% below the average June 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 MEADOWBANK DRIVE Sold Prices

Land registry data shows seven sales for 5 MEADOWBANK DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the seven 5 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 24 JUN	£205,000	£311,514	34% below HPI
2016 12 OCT	£165,000	£257,620	36% below HPI
2016 30 SEP	£165,000	£261,867	37% below HPI
2011 8 APR	£180,000	£245,066	27% below HPI
2003 27 AUG	£149,950	£180,005	17% below HPI
2001 21 AUG	£89,950	£117,763	24% below HPI
1998 20 FEB	£79,995	£87,485	9% below HPI

5 MEADOWBANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The seven 5 MEADOWBANK DRIVE sales between February 1998 and June 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 October 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 MEADOWBANK DRIVE be worth now?

5 MEADOWBANK DRIVE might now be worth an estimated £236,769.

This is based on house price inflation of 15.5%, between June 2022 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 5 MEADOWBANK DRIVE of £205,000 on 24th June 2022. For the value to have increased from £205,000 to £236,769 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 5 MEADOWBANK DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2022 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOWBANK DRIVE has not materially changed since June 2022.

How Large is 5 MEADOWBANK DRIVE?

5 MEADOWBANK DRIVE is 81m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guide Post, and where 5 MEADOWBANK DRIVE lies on this distribution: 18% of detached houses houses are smaller than 5 MEADOWBANK DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Guide Post.

5 MEADOWBANK DRIVE: Plot and Title Map

5 MEADOWBANK DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 5 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 5 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 5 MEADOWBANK DRIVE?

5 MEADOWBANK DRIVE is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 5 on MEADOWBANK DRIVE.