15, THE MEADWAY, SYSTON, LEICESTER, LE7 2BD - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 THE MEADWAY is a very large extended detached house of 240m², built sometime between 1950 and 1966. It was last sold for £405,000 in July 2015, which was around 50% above the average July 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

15 THE MEADWAY Sold Prices

Land registry data shows two sales for 15 THE MEADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 15 THE 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
2015 3 JUL	£405,000	£269,752	50% above HPI
1998 20 APR	£165,000	£92,601	78% above HPI

15 THE MEADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 15 THE MEADWAY sales from April 1998 and July 2015 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 April 1998 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2015 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 15 THE MEADWAY?

15 THE MEADWAY is 240m², which includes four extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 15 THE MEADWAY lies on this distribution: 99% of detached houses are smaller than 15 THE MEADWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Syston.

15 THE MEADWAY: Plot and Title Map

15 THE MEADWAY sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 15 THE 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 15 THE 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 15 THE MEADWAY?

15 THE MEADWAY is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 15 on THE MEADWAY.