31, MEREDITH ROAD, LEICESTER, LE3 2EP - £375,000

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.

31 MEREDITH ROAD is a large extended detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £423,944. It was last sold for £375,000 in March 2021, which was around 12% above the average March 2021 detached price in the Leicester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

31 MEREDITH ROAD Sold Prices

Land registry data shows two sales for 31 MEREDITH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. One of the two 31 MEREDITH ROAD sales was for above the average price, whilst the other was 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
2021 16 MAR	£375,000	£336,127	12% above HPI
2016 30 JUN	£205,000	£249,565	18% below HPI

31 MEREDITH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 31 MEREDITH ROAD sales from June 2016 and March 2021 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 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 31 MEREDITH ROAD be worth now?

31 MEREDITH ROAD might now be worth an estimated £423,944.

This is based on house price inflation of 13.1%, between March 2021 and March 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 31 MEREDITH ROAD of £375,000 on 16th March 2021. For the value to have increased from £375,000 to £423,944 over the four years to March 2025, the following assumptions must hold true:

• The value of 31 MEREDITH ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The March 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MEREDITH ROAD has not materially changed since March 2021.

How Large is 31 MEREDITH ROAD?

31 MEREDITH ROAD is 156m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 31 MEREDITH ROAD lies on this distribution: 80% of detached houses houses are smaller than 31 MEREDITH ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Leicester.

31 MEREDITH ROAD: Plot and Title Map

31 MEREDITH ROAD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 31 MEREDITH 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 31 MEREDITH 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 31 MEREDITH ROAD?

31 MEREDITH ROAD is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 31 on MEREDITH ROAD.