MEADOWBANK, BURY WATER LANE, NEWPORT, SAFFRON WALDEN, CB11 3TZ - £750,000

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

MEADOWBANK is a very large extended detached house of 235m², built sometime between 1950 and 1966. It was last sold for £750,000 in November 2022, which was around 7% above the average November 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

MEADOWBANK Sold Prices

Land registry data shows two sales for MEADOWBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two MEADOWBANK 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
2022 8 NOV	£750,000	£701,716	7% above HPI
2000 2 MAR	£295,000	£198,258	49% above HPI

MEADOWBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two MEADOWBANK sales from March 2000 and November 2022 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 March 2000 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is MEADOWBANK?

MEADOWBANK is 235m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where MEADOWBANK lies on this distribution: 86% of detached houses are smaller than MEADOWBANK, and 13% of houses are larger. Note that EPC data is not available for all properties in Newport.

MEADOWBANK: Plot and Title Map

MEADOWBANK sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 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 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 MEADOWBANK?

MEADOWBANK is located on BURY WATER LANE in NEWPORT, in the CB11 postcode district. The below map shows the position of MEADOWBANK on BURY WATER LANE.