4, MEADOW VIEW, LONDON ROAD, OADBY, LEICESTER, LE2 5EA - £160,000

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.

4 MEADOW VIEW is a very small extended terraced house of 41m², built sometime before 1900, which could now be worth an estimated £158,589. It was last sold for £160,000 in February 2024, which was around 14% below the average February 2024 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was A.

4 MEADOW VIEW Sold Prices

Land registry data shows five sales for 4 MEADOW VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the five 4 MEADOW VIEW 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
2024 16 FEB	£160,000	£185,208	14% below HPI
2021 18 AUG	£135,000	£171,818	21% below HPI
2020 14 FEB	£94,500	£158,018	40% below HPI
2005 16 FEB	£85,500	£110,355	23% below HPI
2000 20 APR	£40,750	£48,094	15% below HPI

4 MEADOW VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The five 4 MEADOW VIEW sales between April 2000 and February 2024 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 August 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 MEADOW VIEW be worth now?

4 MEADOW VIEW might now be worth an estimated £158,589.

This is based on house price deflation of 0.9%, between February 2024 and July 2026, for terraced houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% deflationary decrease is applied to the most recent sale price for 4 MEADOW VIEW of £160,000 on 16th February 2024. For the value to have decreased from £160,000 to £158,589 over the one year and seven months to July 2026, the following assumptions must hold true:

• The value of 4 MEADOW VIEW has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The February 2024 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEADOW VIEW has not materially changed since February 2024.

How Large is 4 MEADOW VIEW?

4 MEADOW VIEW is 41m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of terraced houses houses in Oadby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oadby, and where 4 MEADOW VIEW lies on this distribution: Less than 1% of terraced houses houses are smaller than 4 MEADOW VIEW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

4 MEADOW VIEW: Plot and Title Map

4 MEADOW VIEW sits on a plot of roughly 0.006 of an acre, or 25m². The below map shows the location of 4 MEADOW VIEW, 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 4 MEADOW VIEW). 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 4 MEADOW VIEW?

4 MEADOW VIEW is located on LONDON ROAD in OADBY, in the LE2 postcode district. The below map shows the position of 4 MEADOW VIEW on LONDON ROAD.