24, MEADOWLANDS DRIVE, SHELFIELD, WALSALL, WS4 1TJ - £295,000

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.

24 MEADOWLANDS DRIVE is a very small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £316,891. It was last sold for £295,000 in June 2022, which was around 8% below the average June 2022 detached price in the Walsall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

24 MEADOWLANDS DRIVE Sold Prices

Land registry data shows three sales for 24 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 24 MEADOWLANDS DRIVE 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
2022 21 JUN	£295,000	£320,411	8% below HPI
2006 18 MAY	£155,000	£204,446	24% below HPI
1996 29 MAY	£59,950	£72,963	18% below HPI

24 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 24 MEADOWLANDS DRIVE sales between May 1996 and June 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 May 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 24 MEADOWLANDS DRIVE be worth now?

24 MEADOWLANDS DRIVE might now be worth an estimated £316,891.

This is based on house price inflation of 7.4%, between June 2022 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 7.4% inflationary increase is applied to the most recent sale price for 24 MEADOWLANDS DRIVE of £295,000 on 21st June 2022. For the value to have increased from £295,000 to £316,891 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 24 MEADOWLANDS DRIVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The June 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MEADOWLANDS DRIVE has not materially changed since June 2022.

How Large is 24 MEADOWLANDS DRIVE?

24 MEADOWLANDS DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% 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 24 MEADOWLANDS DRIVE lies on this distribution: 16% of detached houses houses are smaller than 24 MEADOWLANDS DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

24 MEADOWLANDS DRIVE: Plot and Title Map

24 MEADOWLANDS DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 24 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 24 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 24 MEADOWLANDS DRIVE?

24 MEADOWLANDS DRIVE is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 24 on MEADOWLANDS DRIVE.