116, THE MEADWAY, REDDITCH, B97 5AF - £59,000

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.

116 THE MEADWAY is a midsized extended semi-detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £260,227. It was last sold for £59,000 in July 1998, which was around 3% above the average July 1998 semi-detached price in the Redditch local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

116 THE MEADWAY Sold Prices

Land registry data shows one sale for 116 THE MEADWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 17 JUL	£59,000	£57,427	3% above HPI

What might 116 THE MEADWAY be worth now?

116 THE MEADWAY might now be worth an estimated £260,227.

This is based on house price inflation of 341.1%, between July 1998 and May 2026, for semi-detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 341.1% inflationary increase is applied to the most recent sale price for 116 THE MEADWAY of £59,000 on 17th July 1998. For the value to have increased from £59,000 to £260,227 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 116 THE MEADWAY has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The July 1998 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of 116 THE MEADWAY has not materially changed since July 1998.

How Large is 116 THE MEADWAY?

116 THE MEADWAY is 84m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 116 THE MEADWAY lies on this distribution: 51% of semi-detached houses are smaller than 116 THE MEADWAY, and 45% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

116 THE MEADWAY: Plot

116 THE MEADWAY sits on a plot of roughly 0.089 of an acre, or 361m².

Where is 116 THE MEADWAY?

116 THE MEADWAY is located in REDDITCH, in the B97 postcode district.