28, WATERMEAD WAY, BIRSTALL, LEICESTER, LE4 3BX - £325,000

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.

28 WATERMEAD WAY is a very small detached house of 81m², which could now be worth an estimated £341,323. It was last sold for £325,000 in May 2024, which was around 18% below the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

28 WATERMEAD WAY Sold Prices

Land registry data shows two sales for 28 WATERMEAD 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 Charnwood local authority area for the corresponding sale date. Both of the two 28 WATERMEAD WAY sales were for below 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
2024 24 MAY	£325,000	£396,316	18% below HPI
2018 19 OCT	£262,950	£319,055	18% below HPI

28 WATERMEAD WAY 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 28 WATERMEAD WAY sales from October 2018 and May 2024 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 October 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2024 sale, which was also at 18% below the HPI.

What might 28 WATERMEAD WAY be worth now?

28 WATERMEAD WAY might now be worth an estimated £341,323.

This is based on house price inflation of 5%, between May 2024 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 28 WATERMEAD WAY of £325,000 on 24th May 2024. For the value to have increased from £325,000 to £341,323 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 28 WATERMEAD WAY has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WATERMEAD WAY has not materially changed since May 2024.

How Large is 28 WATERMEAD WAY?

28 WATERMEAD WAY is 81m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Birstall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birstall, and where 28 WATERMEAD WAY lies on this distribution: 15% of detached houses houses are smaller than 28 WATERMEAD WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Birstall.

28 WATERMEAD WAY: Plot and Title Map

28 WATERMEAD WAY sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 28 WATERMEAD 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 28 WATERMEAD 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 28 WATERMEAD WAY?

28 WATERMEAD WAY is located in BIRSTALL, in the LE4 postcode district. The below map shows the position of No. 28 on WATERMEAD WAY.