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
59 MEADOW CLOSE is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £423,000 in December 2018, which was around 12% below the average December 2018 detached price in the Solihull local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 59 MEADOW CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the four 59 MEADOW CLOSE 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 |
---|---|---|---|
2018 13 DEC | £423,000 | £482,311 | 12% below HPI |
2001 26 JUN | £177,500 | £203,945 | 13% below HPI |
2000 27 JUN | £165,000 | £184,914 | 11% below HPI |
1996 20 MAY | £112,500 | £118,792 | 5% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The four 59 MEADOW CLOSE sales between May 1996 and December 2018 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 June 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
59 MEADOW CLOSE is 107m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley Heath, and where 59 MEADOW CLOSE lies on this distribution: 22% of detached houses are smaller than 59 MEADOW CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.
59 MEADOW CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 59 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 59 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.
59 MEADOW CLOSE is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 59 on MEADOW CLOSE.