18, MEADWAY, LEICESTER, LE3 6FS - £287,000

18 MEADWAY is a very large extended detached house of 159m², built sometime before 1900. It was last sold for £287,000 in May 2014, which was around 31% above the average May 2014 detached price in the Leicester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

18 MEADWAY Sold Prices

Land registry data shows three sales for 18 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 18 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
2014 2 MAY	£287,000	£218,736	31% above HPI
2004 24 SEP	£247,500	£202,704	22% above HPI
1996 31 MAY	£86,000	£67,856	27% above HPI

18 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 18 MEADWAY sales between May 1996 and May 2014 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 September 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 18 MEADWAY?

18 MEADWAY is 159m², which includes one extension, according to the EPC inspection conducted in November 2012. 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 18 MEADWAY lies on this distribution: 81% of detached houses are smaller than 18 MEADWAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Leicester.

18 MEADWAY: Plot and Title Map

18 MEADWAY sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 18 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 18 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 18 MEADWAY?

18 MEADWAY is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 18 on MEADWAY.