2A, MEADOWCOURT ROAD, LEICESTER, LE2 2PB - £637,500

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.

2A MEADOWCOURT ROAD is a very large extended detached house of 390m², built sometime between 1900 and 1929, which could now be worth an estimated £950,279. It was last sold for £637,500 in March 2016, which was around 123% above the average March 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

2A MEADOWCOURT ROAD Sold Prices

Land registry data shows three sales for 2A MEADOWCOURT 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 2A MEADOWCOURT 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
2016 7 MAR	£637,500	£285,914	123% above HPI
2001 26 JAN	£249,950	£125,937	98% above HPI
1996 5 SEP	£157,000	£84,783	85% above HPI

2A MEADOWCOURT 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 2A MEADOWCOURT ROAD sales between September 1996 and March 2016 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 January 2001 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the March 2016 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might 2A MEADOWCOURT ROAD be worth now?

2A MEADOWCOURT ROAD might now be worth an estimated £950,279.

This is based on house price inflation of 49.1%, between March 2016 and March 2025, for detached houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.1% inflationary increase is applied to the most recent sale price for 2A MEADOWCOURT ROAD of £637,500 on 7th March 2016. For the value to have increased from £637,500 to £950,279 over the nine years to March 2025, the following assumptions must hold true:

• The value of 2A MEADOWCOURT ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2016 sale price of £637,500 represented a fair market value for the property.
• The size, condition, and specification of 2A MEADOWCOURT ROAD has not materially changed since March 2016.

How Large is 2A MEADOWCOURT ROAD?

2A MEADOWCOURT ROAD is 390m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 2A MEADOWCOURT ROAD lies on this distribution: 98% of detached houses houses are smaller than 2A MEADOWCOURT ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2A MEADOWCOURT ROAD: Plot and Title Map

2A MEADOWCOURT ROAD sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of 2A MEADOWCOURT 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 2A MEADOWCOURT 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 2A MEADOWCOURT ROAD?

2A MEADOWCOURT ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 2A on MEADOWCOURT ROAD.