1, THE MEADS, LEICESTER, LE3 6SF - £255,000

1 THE MEADS is a very large extended detached house of 168m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2020, which was around 21% below the average May 2020 detached price in the Leicester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

1 THE MEADS Sold Prices

Land registry data shows two sales for 1 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 Leicester local authority area for the corresponding sale date. Both of the two 1 THE MEADS 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
2020 19 MAY	£255,000	£322,862	21% below HPI
2006 7 JUL	£162,000	£205,591	21% below HPI

1 THE MEADS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 1 THE MEADS sales from July 2006 and May 2020 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 July 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2020 sale, which was also at 21% below the HPI.

How Large is 1 THE MEADS?

1 THE MEADS is 168m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 THE MEADS lies on this distribution: 84% of detached houses are smaller than 1 THE MEADS, and 15% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 THE MEADS: Plot and Title Map

1 THE MEADS sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 1 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 1 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 1 THE MEADS?

1 THE MEADS is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 1 on THE MEADS.