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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MEADOWBANK is a very large extended detached house of 235m², built sometime between 1950 and 1966, which could now be worth an estimated £747,756. It was last sold for £750,000 in November 2022, which was around 2% 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	£732,201	2% above HPI
2000 2 MAR	£295,000	£206,871	43% 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 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might MEADOWBANK be worth now?

MEADOWBANK might now be worth an estimated £747,756.

This is based on house price deflation of 0.3%, between November 2022 and February 2025, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for MEADOWBANK of £750,000 on 8th November 2022. For the value to have decreased from £750,000 to £747,756 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of MEADOWBANK has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The November 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWBANK has not materially changed since November 2022.

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 houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where MEADOWBANK lies on this distribution: 86% of detached houses 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.