4, MEADWAY, LEICESTER, LE3 6FS - £306,000

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

4 MEADWAY is a large extended detached house of 127m², built sometime between 1900 and 1929. It was last sold for £306,000 in June 2015, which was around 32% above the average June 2015 detached price in the Leicester local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

4 MEADWAY Sold Prices

Land registry data shows two sales for 4 MEADWAY 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. Both of the two 4 MEADWAY 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
2015 19 JUN	£306,000	£232,269	32% above HPI
1997 5 SEP	£108,000	£71,967	50% above HPI

4 MEADWAY 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 4 MEADWAY sales from September 1997 and June 2015 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 September 1997 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 4 MEADWAY?

4 MEADWAY is 127m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 4 MEADWAY lies on this distribution: 61% of detached houses are smaller than 4 MEADWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 MEADWAY: Plot and Title Map

4 MEADWAY sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 4 MEADWAY, 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 4 MEADWAY). 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 4 MEADWAY?

4 MEADWAY is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 4 on MEADWAY.