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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 MEADOWBANK DRIVE is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £205,000 in June 2022, which was around 32% 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	£301,805	32% below HPI
2016 12 OCT	£165,000	£249,591	34% below HPI
2016 30 SEP	£165,000	£253,705	35% below HPI
2011 8 APR	£180,000	£237,428	24% below HPI
2003 27 AUG	£149,950	£174,395	14% below HPI
2001 21 AUG	£89,950	£114,093	21% below HPI
1998 20 FEB	£79,995	£84,759	6% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Guide Post, based on EPC data. The below chart shows the distribution of detached houses by size in Guide Post, and where 5 MEADOWBANK DRIVE lies on this distribution: 15% of detached houses are smaller than 5 MEADOWBANK DRIVE, and 85% 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.