1, MEADOW WAY, DESFORD, LEICESTER, LE9 9QG - £430,000

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.

1 MEADOW WAY is a very large detached house of 219m², built sometime between 1996 and 2002, which could now be worth an estimated £796,062. It was last sold for £430,000 in December 2012, which was around 109% above the average December 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

1 MEADOW WAY Sold Prices

Land registry data shows three sales for 1 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 1 MEADOW WAY 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 14 DEC	£430,000	£205,826	109% above HPI
2007 12 JAN	£395,000	£221,543	78% above HPI
2001 1 JUN	£295,000	£111,724	164% above HPI

1 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 1 MEADOW WAY sales between June 2001 and December 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 January 2007 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the December 2012 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 1 MEADOW WAY be worth now?

1 MEADOW WAY might now be worth an estimated £796,062.

This is based on house price inflation of 85.1%, between December 2012 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.1% inflationary increase is applied to the most recent sale price for 1 MEADOW WAY of £430,000 on 14th December 2012. For the value to have increased from £430,000 to £796,062 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MEADOW WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2012 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOW WAY has not materially changed since December 2012.

How Large is 1 MEADOW WAY?

1 MEADOW WAY is 219m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 1 MEADOW WAY lies on this distribution: 94% of detached houses houses are smaller than 1 MEADOW WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Desford.

1 MEADOW WAY: Plot and Title Map

1 MEADOW WAY sits on a plot of roughly 0.272 of an acre, or 1,100m². The below map shows the location of 1 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

1 MEADOW WAY is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 1 on MEADOW WAY.