14, MEADWAY, LEICESTER, LE3 6FS - £300,000

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.

14 MEADWAY is a midsized extended detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £423,297. It was last sold for £300,000 in September 2017, which was around 10% above the average September 2017 detached price in the Leicester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

14 MEADWAY Sold Prices

Land registry data shows three sales for 14 MEADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 14 MEADWAY 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
2017 15 SEP	£300,000	£273,619	10% above HPI
2001 26 OCT	£147,200	£106,002	39% above HPI
1996 12 SEP	£82,000	£69,682	18% above HPI

14 MEADWAY 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 three 14 MEADWAY sales between September 1996 and September 2017 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 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 14 MEADWAY be worth now?

14 MEADWAY might now be worth an estimated £423,297.

This is based on house price inflation of 41.1%, between September 2017 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for 14 MEADWAY of £300,000 on 15th September 2017. For the value to have increased from £300,000 to £423,297 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 MEADWAY has moved in line with the HPI for detached houses in the Leicester local authority area.
• The September 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MEADWAY has not materially changed since September 2017.

How Large is 14 MEADWAY?

14 MEADWAY is 121m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 14 MEADWAY lies on this distribution: 56% of detached houses houses are smaller than 14 MEADWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Leicester.

14 MEADWAY: Plot and Title Map

14 MEADWAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 14 MEADWAY, 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 14 MEADWAY). 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 14 MEADWAY?

14 MEADWAY is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 14 on MEADWAY.