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
6 MEADOWBROOK DRIVE is a very large detached house of 170m², built sometime between 1991 and 1995. It was last sold for £249,950 in April 2015, which was around 20% above the average April 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 6 MEADOWBROOK DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 6 MEADOWBROOK DRIVE sales were for above 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 |
---|---|---|---|
2015 13 APR | £249,950 | £208,869 | 20% above HPI |
1999 17 DEC | £125,000 | £85,729 | 46% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 6 MEADOWBROOK DRIVE sales from December 1999 and April 2015 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 December 1999 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the April 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.
6 MEADOWBROOK DRIVE is 170m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chopwell, and where 6 MEADOWBROOK DRIVE lies on this distribution: 91% of detached houses are smaller than 6 MEADOWBROOK DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Chopwell.
6 MEADOWBROOK DRIVE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 6 MEADOWBROOK 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 6 MEADOWBROOK 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.
6 MEADOWBROOK DRIVE is located in CHOPWELL, in the NE17 postcode district. The below map shows the position of No. 6 on MEADOWBROOK DRIVE.