15, WATER MEADOW WAY, IBSTOCK, LE67 6GY - £238,000

15 WATER MEADOW WAY is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £238,000 in July 2019, which was around 14% below the average July 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

15 WATER MEADOW WAY Sold Prices

Land registry data shows four sales for 15 WATER MEADOW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 15 WATER MEADOW 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
2019 5 JUL	£238,000	£278,246	14% below HPI
2015 2 OCT	£200,000	£238,474	16% below HPI
2008 23 MAY	£190,500	£232,530	18% below HPI
2004 10 SEP	£194,950	£200,100	3% below HPI

15 WATER MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 15 WATER MEADOW WAY sales between September 2004 and July 2019 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 October 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 WATER MEADOW WAY?

15 WATER MEADOW WAY is 107m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 15 WATER MEADOW WAY lies on this distribution: 39% of detached houses are smaller than 15 WATER MEADOW WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

15 WATER MEADOW WAY: Plot and Title Map

15 WATER MEADOW WAY sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 15 WATER 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 15 WATER 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 15 WATER MEADOW WAY?

15 WATER MEADOW WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 15 on WATER MEADOW WAY.