5, MEADOW CLOSE, WOLVEY, HINCKLEY, LE10 3LW - £418,000

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.

5 MEADOW CLOSE is a large extended detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £512,829. It was last sold for £418,000 in February 2021, which was around 7% above the average February 2021 detached price in the Rugby local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

5 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 5 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 5 MEADOW CLOSE 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 17 FEB	£418,000	£388,930	7% above HPI
2007 20 JUL	£308,000	£264,452	16% above HPI
1995 21 APR	£112,000	£83,803	34% above HPI

5 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three 5 MEADOW CLOSE sales between April 1995 and February 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 July 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 MEADOW CLOSE be worth now?

5 MEADOW CLOSE might now be worth an estimated £512,829.

This is based on house price inflation of 22.7%, between February 2021 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 5 MEADOW CLOSE of £418,000 on 17th February 2021. For the value to have increased from £418,000 to £512,829 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 MEADOW CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The February 2021 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOW CLOSE has not materially changed since February 2021.

How Large is 5 MEADOW CLOSE?

5 MEADOW CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolvey, and where 5 MEADOW CLOSE lies on this distribution: 76% of detached houses houses are smaller than 5 MEADOW CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

5 MEADOW CLOSE: Plot and Title Map

5 MEADOW CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 5 MEADOW CLOSE, 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 5 MEADOW CLOSE). 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 5 MEADOW CLOSE?

5 MEADOW CLOSE is located in WOLVEY, in the LE10 postcode district. The below map shows the position of No. 5 on MEADOW CLOSE.