15, MCDOWELL WAY, NARBOROUGH, LEICESTER, LE19 2RA - £182,500

15 MCDOWELL WAY is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £182,500 in September 2013, which was around 18% below the average September 2013 detached price in the Blaby local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

15 MCDOWELL WAY Sold Prices

Land registry data shows five sales for 15 MCDOWELL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the five 15 MCDOWELL WAY sales were 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
2013 13 SEP	£182,500	£222,218	18% below HPI
2006 15 JUN	£188,750	£223,485	16% below HPI
2003 5 SEP	£162,000	£181,271	11% below HPI
2000 23 JUN	£92,500	£103,615	11% below HPI
1997 28 NOV	£76,950	£85,003	9% below HPI

15 MCDOWELL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The five 15 MCDOWELL WAY sales between November 1997 and September 2013 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 MCDOWELL WAY?

15 MCDOWELL WAY is 74m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 15 MCDOWELL WAY lies on this distribution: 7% of detached houses are smaller than 15 MCDOWELL WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Narborough.

15 MCDOWELL WAY: Plot and Title Map

15 MCDOWELL WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 15 MCDOWELL 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 15 MCDOWELL 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 15 MCDOWELL WAY?

15 MCDOWELL WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 15 on MCDOWELL WAY.