40, MEADOWSWEET ROAD, HAMILTON, LEICESTER, LE5 1TP - £262,000

40 MEADOWSWEET ROAD is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £262,000 in May 2023, which was around 35% below the average May 2023 detached price in the Leicester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

40 MEADOWSWEET ROAD Sold Prices

Land registry data shows four sales for 40 MEADOWSWEET ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 40 MEADOWSWEET ROAD 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
2023 24 MAY	£262,000	£400,402	35% below HPI
2021 12 OCT	£191,000	£361,711	47% below HPI
2021 22 JUL	£152,000	£345,024	56% below HPI
1995 4 DEC	£47,000	£69,509	32% below HPI

40 MEADOWSWEET ROAD 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 four 40 MEADOWSWEET ROAD sales between December 1995 and May 2023 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 October 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 40 MEADOWSWEET ROAD?

40 MEADOWSWEET ROAD is 66m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 40 MEADOWSWEET ROAD lies on this distribution: 5% of detached houses are smaller than 40 MEADOWSWEET ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 MEADOWSWEET ROAD: Plot and Title Map

40 MEADOWSWEET ROAD sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 40 MEADOWSWEET ROAD, 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 40 MEADOWSWEET ROAD). 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 40 MEADOWSWEET ROAD?

40 MEADOWSWEET ROAD is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 40 on MEADOWSWEET ROAD.