2, THE MEADWAY, REDDITCH, B97 5AD - £125,000

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.

2 THE MEADWAY is a very small semi-detached house of 62m², built sometime between 1900 and 1929, which could now be worth an estimated £223,315. It was last sold for £125,000 in October 2005, which was around 12% below the average October 2005 semi-detached price in the Redditch local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

2 THE MEADWAY Sold Prices

Land registry data shows one sale for 2 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
2005 28 OCT	£125,000	£141,778	12% below HPI

What might 2 THE MEADWAY be worth now?

2 THE MEADWAY might now be worth an estimated £223,315.

This is based on house price inflation of 78.7%, between October 2005 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 78.7% inflationary increase is applied to the most recent sale price for 2 THE MEADWAY of £125,000 on 28th October 2005. For the value to have increased from £125,000 to £223,315 over the 21 years and five months to May 2026, the following assumptions must hold true:

• The value of 2 THE MEADWAY has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The October 2005 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADWAY has not materially changed since October 2005.

How Large is 2 THE MEADWAY?

2 THE MEADWAY is 62m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 2 THE MEADWAY lies on this distribution: 12% of semi-detached houses are smaller than 2 THE MEADWAY, and 87% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

2 THE MEADWAY: Plot

2 THE MEADWAY sits on a plot of roughly 0.076 of an acre, or 308m².

Where is 2 THE MEADWAY?

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