24, SOUTHMEADS ROAD, LEICESTER, LE2 2LS - £860,000

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

24 SOUTHMEADS ROAD is a very large detached house of 189m², built sometime between 1950 and 1966. It was last sold for £860,000 in January 2020, which was around 148% above the average January 2020 detached price in the Oadby and Wigston 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.

24 SOUTHMEADS ROAD Sold Prices

Land registry data shows three sales for 24 SOUTHMEADS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 24 SOUTHMEADS 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
2020 30 JAN	£860,000	£346,163	148% above HPI
2008 8 FEB	£610,000	£249,476	145% above HPI
2000 5 JUN	£242,500	£120,703	101% above HPI

24 SOUTHMEADS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The three 24 SOUTHMEADS ROAD sales between June 2000 and January 2020 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 February 2008 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the January 2020 sale, where it rises to 148% above the HPI. The line then continues to track at 148% above the HPI.

How Large is 24 SOUTHMEADS ROAD?

24 SOUTHMEADS ROAD is 189m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 24 SOUTHMEADS ROAD lies on this distribution: 87% of detached houses are smaller than 24 SOUTHMEADS ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Oadby.

24 SOUTHMEADS ROAD: Plot and Title Map

24 SOUTHMEADS ROAD sits on a plot of roughly 0.354 of an acre, or 1,433m². The below map shows the location of 24 SOUTHMEADS 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 24 SOUTHMEADS 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 24 SOUTHMEADS ROAD?

24 SOUTHMEADS ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 24 on SOUTHMEADS ROAD.