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
7 MEADOW WAY is a very large extended detached house of 171m², built sometime between 1976 and 1982. It was last sold for £577,000 in March 2023, which was around 25% above the average March 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7 MEADOW WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the five 7 MEADOW WAY 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 |
---|---|---|---|
2023 2 MAR | £577,000 | £460,847 | 25% above HPI |
2014 25 JUL | £315,000 | £291,917 | 8% above HPI |
2003 9 MAY | £214,950 | £228,460 | 6% below HPI |
2000 17 NOV | £136,250 | £144,545 | 6% below HPI |
1997 9 JAN | £106,000 | £95,130 | 11% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 7 MEADOW WAY sales between January 1997 and March 2023 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 July 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
7 MEADOW WAY is 171m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Kinoulton, based on EPC data. The below chart shows the distribution of detached houses by size in Kinoulton, and where 7 MEADOW WAY lies on this distribution: 84% of detached houses are smaller than 7 MEADOW WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Kinoulton.
7 MEADOW WAY sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 7 MEADOW WAY, 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 7 MEADOW WAY). 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.
7 MEADOW WAY is located in KINOULTON, in the NG12 postcode district. The below map shows the position of No. 7 on MEADOW WAY.