THE MEADS, MONUMENT LANE, HAGLEY, STOURBRIDGE, DY9 9JX - £1,180,000

THE MEADS is a very large extended detached house of 532m², built sometime before 1900. It was last sold for £1,180,000 in April 2012, which was around 305% above the average April 2012 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was E.

THE MEADS Sold Prices

Land registry data shows two sales for THE MEADS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two THE MEADS 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
2012 4 APR	£1,180,000	£291,700	305% above HPI
2001 23 MAR	£451,000	£167,241	170% above HPI

THE MEADS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two THE MEADS sales from March 2001 and April 2012 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 March 2001 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the April 2012 sale, where it rises to 305% above the HPI. The line then continues to track at 305% above the HPI.

How Large is THE MEADS?

THE MEADS is 532m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where THE MEADS lies on this distribution: More than 99% of detached houses are smaller than THE MEADS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hagley.

THE MEADS: Plot and Title Map

THE MEADS sits on a plot of roughly 2.4 acres, or 9,681m². The below map shows the location of THE MEADS, 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 THE MEADS). 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 THE MEADS?

THE MEADS is located on MONUMENT LANE in HAGLEY, in the DY9 postcode district. The below map shows the position of THE MEADS on MONUMENT LANE.