5, MEADOWLANDS DRIVE, SHELFIELD, WALSALL, WS4 1TJ - £178,000

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.

5 MEADOWLANDS DRIVE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £300,543. It was last sold for £178,000 in May 2014, which was around 13% below the average May 2014 detached price in the Walsall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

5 MEADOWLANDS DRIVE Sold Prices

Land registry data shows two sales for 5 MEADOWLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 5 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
2014 15 MAY	£178,000	£203,849	13% below HPI
1996 8 NOV	£71,000	£78,076	9% below HPI

5 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 two 5 MEADOWLANDS DRIVE sales from November 1996 and May 2014 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 November 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 MEADOWLANDS DRIVE be worth now?

5 MEADOWLANDS DRIVE might now be worth an estimated £300,543.

This is based on house price inflation of 68.8%, between May 2014 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 68.8% inflationary increase is applied to the most recent sale price for 5 MEADOWLANDS DRIVE of £178,000 on 15th May 2014. For the value to have increased from £178,000 to £300,543 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of 5 MEADOWLANDS DRIVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOWLANDS DRIVE has not materially changed since May 2014.

How Large is 5 MEADOWLANDS DRIVE?

5 MEADOWLANDS DRIVE is 92m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 5 MEADOWLANDS DRIVE lies on this distribution: 27% of detached houses houses are smaller than 5 MEADOWLANDS DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

5 MEADOWLANDS DRIVE: Plot and Title Map

5 MEADOWLANDS DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 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 5 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 5 MEADOWLANDS DRIVE?

5 MEADOWLANDS DRIVE is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 5 on MEADOWLANDS DRIVE.