24, THE MEADWAY, BURBAGE, HINCKLEY, LE10 2UB - £232,500

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.

24 THE MEADWAY is a very small extended semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £324,588. It was last sold for £232,500 in September 2017, which was around 30% above the average September 2017 semi-detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

24 THE MEADWAY Sold Prices

Land registry data shows two sales for 24 THE MEADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 24 THE MEADWAY 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
2017 22 SEP	£232,500	£178,579	30% above HPI
1996 18 JUL	£59,950	£45,113	33% above HPI

24 THE MEADWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 24 THE MEADWAY sales from July 1996 and September 2017 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 1996 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 24 THE MEADWAY be worth now?

24 THE MEADWAY might now be worth an estimated £324,588.

This is based on house price inflation of 39.6%, between September 2017 and February 2025, for semi-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 39.6% inflationary increase is applied to the most recent sale price for 24 THE MEADWAY of £232,500 on 22nd September 2017. For the value to have increased from £232,500 to £324,588 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 THE MEADWAY has moved in line with the HPI for semi-detached houses in the Hinckley and Bosworth local authority area.
• The September 2017 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 24 THE MEADWAY has not materially changed since September 2017.

How Large is 24 THE MEADWAY?

24 THE MEADWAY is 85m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of semi-detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hinckley, and where 24 THE MEADWAY lies on this distribution: 20% of semi-detached houses houses are smaller than 24 THE MEADWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

24 THE MEADWAY: Plot and Title Map

24 THE MEADWAY sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 24 THE MEADWAY, 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 24 THE MEADWAY). 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 24 THE MEADWAY?

24 THE MEADWAY is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 24 on THE MEADWAY.