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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 WATERMEAD WAY is a very small detached house of 81m². It was last sold for £325,000 in May 2024, which was around 21% 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	£412,220	21% below HPI
2018 19 OCT	£262,950	£323,424	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Birstall, based on EPC data. The below chart shows the distribution of detached houses by size in Birstall, and where 28 WATERMEAD WAY lies on this distribution: 15% of detached 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.