1, MEADOWLANDS DRIVE, SHELFIELD, WALSALL, WS4 1TJ - £277,000

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.

1 MEADOWLANDS DRIVE is a large detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £359,678. It was last sold for £277,000 in February 2019, which was around 5% above the average February 2019 detached price in the Walsall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

1 MEADOWLANDS DRIVE Sold Prices

Land registry data shows three sales for 1 MEADOWLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 1 MEADOWLANDS 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
2019 8 FEB	£277,000	£265,071	5% above HPI
2006 19 SEP	£222,500	£209,295	6% above HPI
1998 23 OCT	£90,750	£83,876	8% above HPI

1 MEADOWLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 1 MEADOWLANDS DRIVE sales between October 1998 and February 2019 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 September 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 MEADOWLANDS DRIVE be worth now?

1 MEADOWLANDS DRIVE might now be worth an estimated £359,678.

This is based on house price inflation of 29.8%, between February 2019 and March 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.8% inflationary increase is applied to the most recent sale price for 1 MEADOWLANDS DRIVE of £277,000 on 8th February 2019. For the value to have increased from £277,000 to £359,678 over the five years and eleven months to March 2025, the following assumptions must hold true:

• The value of 1 MEADOWLANDS DRIVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The February 2019 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOWLANDS DRIVE has not materially changed since February 2019.

How Large is 1 MEADOWLANDS DRIVE?

1 MEADOWLANDS DRIVE is 123m² according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelfield, and where 1 MEADOWLANDS DRIVE lies on this distribution: 76% of detached houses houses are smaller than 1 MEADOWLANDS DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

1 MEADOWLANDS DRIVE: Plot and Title Map

1 MEADOWLANDS DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 MEADOWLANDS 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 1 MEADOWLANDS 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.

Where is 1 MEADOWLANDS DRIVE?

1 MEADOWLANDS DRIVE is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 1 on MEADOWLANDS DRIVE.