79, THE MEADWAY, REDDITCH, B97 5AE - £399,950

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

79 THE MEADWAY is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £399,950 in December 2020, which was around 12% above the average December 2020 detached price in the Redditch local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

79 THE MEADWAY Sold Prices

Land registry data shows four sales for 79 THE MEADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the four 79 THE MEADWAY 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
2020 16 DEC	£399,950	£358,180	12% above HPI
2010 26 AUG	£199,950	£232,417	14% below HPI
2003 30 OCT	£185,000	£201,400	8% below HPI
1998 12 JUN	£81,950	£101,102	19% below HPI

79 THE MEADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The four 79 THE MEADWAY sales between June 1998 and December 2020 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 August 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 79 THE MEADWAY?

79 THE MEADWAY is 155m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 79 THE MEADWAY lies on this distribution: 89% of detached houses are smaller than 79 THE MEADWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Redditch.

79 THE MEADWAY: Plot and Title Map

79 THE MEADWAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 79 THE MEADWAY, 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 79 THE MEADWAY). 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 79 THE MEADWAY?

79 THE MEADWAY is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 79 on THE MEADWAY.