40, MEADOWCOURT ROAD, LEICESTER, LE2 2PB - £546,000

40 MEADOWCOURT ROAD is a large extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £546,000 in January 2021, which was around 49% above the average January 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

40 MEADOWCOURT ROAD Sold Prices

Land registry data shows three sales for 40 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 40 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
2021 7 JAN	£546,000	£367,134	49% above HPI
2007 8 JAN	£405,000	£247,204	64% above HPI
1998 30 MAR	£187,950	£98,635	91% above HPI

40 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 40 MEADOWCOURT ROAD sales between March 1998 and January 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 January 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2021 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 40 MEADOWCOURT ROAD?

40 MEADOWCOURT ROAD is 148m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 30% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 40 MEADOWCOURT ROAD lies on this distribution: 74% of detached houses are smaller than 40 MEADOWCOURT ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Oadby.

40 MEADOWCOURT ROAD: Plot and Title Map

40 MEADOWCOURT ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 40 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 40 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 40 MEADOWCOURT ROAD?

40 MEADOWCOURT ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 40 on MEADOWCOURT ROAD.