56, MEADOWBANK, DUDLEY, CRAMLINGTON, NE23 7UB - £279,950

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

56 MEADOWBANK is a very large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £279,950 in March 2024, which was around 22% below the average March 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

56 MEADOWBANK Sold Prices

Land registry data shows three sales for 56 MEADOWBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 56 MEADOWBANK 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
2024 22 MAR	£279,950	£360,656	22% below HPI
2004 14 MAY	£180,000	£199,987	10% below HPI
2000 19 DEC	£95,995	£97,522	2% below HPI

56 MEADOWBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 56 MEADOWBANK sales between December 2000 and March 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 May 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 56 MEADOWBANK?

56 MEADOWBANK is 129m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Dudley, based on EPC data. The below chart shows the distribution of detached houses by size in Dudley, and where 56 MEADOWBANK lies on this distribution: 85% of detached houses are smaller than 56 MEADOWBANK, and 15% of houses are larger. Note that EPC data is not available for all properties in Dudley.

56 MEADOWBANK: Plot and Title Map

56 MEADOWBANK sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 56 MEADOWBANK, 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 56 MEADOWBANK). 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 56 MEADOWBANK?

56 MEADOWBANK is located in DUDLEY, in the NE23 postcode district. The below map shows the position of No. 56 on MEADOWBANK.