21, WATER MEADOW WAY, IBSTOCK, LE67 6GY - £198,500

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

21 WATER MEADOW WAY is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £198,500 in November 2007, which was around 13% below the average November 2007 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

21 WATER MEADOW WAY Sold Prices

Land registry data shows two sales for 21 WATER MEADOW WAY 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. One of the two 21 WATER MEADOW WAY sales was for below the average price, whilst the other was roughly equal to 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
2007 30 NOV	£198,500	£228,470	13% below HPI
2004 4 JUN	£194,450	£195,008	Close to HPI

21 WATER MEADOW WAY 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 21 WATER MEADOW WAY sales from June 2004 and November 2007 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 June 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2007 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 21 WATER MEADOW WAY?

21 WATER MEADOW WAY is 116m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 21 WATER MEADOW WAY lies on this distribution: 53% of detached houses are smaller than 21 WATER MEADOW WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

21 WATER MEADOW WAY: Plot and Title Map

21 WATER MEADOW WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 21 WATER 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 21 WATER 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 21 WATER MEADOW WAY?

21 WATER MEADOW WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 21 on WATER MEADOW WAY.