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
51 MEADOWBANK DRIVE is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £214,600 in November 2014, which was around 23% below the average November 2014 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 C.
Land registry data shows three sales for 51 MEADOWBANK DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 51 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 |
---|---|---|---|
2014 21 NOV | £214,600 | £280,305 | 23% below HPI |
2002 21 OCT | £154,000 | £189,882 | 19% below HPI |
1996 10 APR | £70,250 | £80,587 | 13% below HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three 51 MEADOWBANK DRIVE sales between April 1996 and November 2014 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
51 MEADOWBANK DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 51 MEADOWBANK DRIVE lies on this distribution: 31% of detached houses are smaller than 51 MEADOWBANK DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Worcester.
51 MEADOWBANK DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 51 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 51 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.
51 MEADOWBANK DRIVE is located in WORCESTER, in the WR2 postcode district. The below map shows the position of No. 51 on MEADOWBANK DRIVE.