2, MEASHAM ROAD, SNARESTONE, SWADLINCOTE, DE12 7DA - £367,000

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.

2 MEASHAM ROAD is a midsized extended detached house of 163m², built sometime between 1950 and 1966, which could now be worth an estimated £447,730. It was last sold for £367,000 in January 2021, which was around 13% above the average January 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

2 MEASHAM ROAD Sold Prices

Land registry data shows two sales for 2 MEASHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 2 MEASHAM ROAD 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
2021 6 JAN	£367,000	£325,741	13% above HPI
2001 1 NOV	£200,000	£125,915	59% above HPI

2 MEASHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 2 MEASHAM ROAD sales from November 2001 and January 2021 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 November 2001 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 MEASHAM ROAD be worth now?

2 MEASHAM ROAD might now be worth an estimated £447,730.

This is based on house price inflation of 22%, between January 2021 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 2 MEASHAM ROAD of £367,000 on 6th January 2021. For the value to have increased from £367,000 to £447,730 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 MEASHAM ROAD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The January 2021 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEASHAM ROAD has not materially changed since January 2021.

How Large is 2 MEASHAM ROAD?

2 MEASHAM ROAD is 163m², which includes three extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses houses in Snarestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Snarestone, and where 2 MEASHAM ROAD lies on this distribution: 48% of detached houses houses are smaller than 2 MEASHAM ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Snarestone.

2 MEASHAM ROAD: Plot and Title Map

2 MEASHAM ROAD sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 2 MEASHAM 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 2 MEASHAM 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 2 MEASHAM ROAD?

2 MEASHAM ROAD is located in SNARESTONE, in the DE12 postcode district. The below map shows the position of No. 2 on MEASHAM ROAD.