7, MEADOW WAY, DESFORD, LEICESTER, LE9 9QG - £408,000

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.

7 MEADOW WAY is a very large extended detached house of 214m², built sometime between 1991 and 1995, which could now be worth an estimated £660,464. It was last sold for £408,000 in August 2015, which was around 72% above the average August 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

7 MEADOW WAY Sold Prices

Land registry data shows three sales for 7 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 7 MEADOW WAY 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 AUG	£408,000	£236,903	72% above HPI
2005 20 DEC	£368,000	£211,016	74% above HPI
2001 14 DEC	£290,000	£122,530	137% above HPI

7 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 7 MEADOW WAY sales between December 2001 and August 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 December 2005 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2015 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 7 MEADOW WAY be worth now?

7 MEADOW WAY might now be worth an estimated £660,464.

This is based on house price inflation of 61.9%, between August 2015 and March 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.9% inflationary increase is applied to the most recent sale price for 7 MEADOW WAY of £408,000 on 19th August 2015. For the value to have increased from £408,000 to £660,464 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 7 MEADOW WAY has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The August 2015 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MEADOW WAY has not materially changed since August 2015.

How Large is 7 MEADOW WAY?

7 MEADOW WAY is 214m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 7 MEADOW WAY lies on this distribution: 93% of detached houses houses are smaller than 7 MEADOW WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Desford.

7 MEADOW WAY: Plot and Title Map

7 MEADOW WAY sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 7 MEADOW WAY, 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 7 MEADOW WAY). 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 7 MEADOW WAY?

7 MEADOW WAY is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 7 on MEADOW WAY.