5, WATER MEADOW WAY, IBSTOCK, LE67 6GY - £184,950

5 WATER MEADOW WAY is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £184,950 in February 2016, which was around 24% below the average February 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

5 WATER MEADOW WAY Sold Prices

Land registry data shows three sales for 5 WATER 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 North West Leicestershire local authority area for the corresponding sale date. All of the three 5 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
2016 12 FEB	£184,950	£242,223	24% below HPI
2016 25 JAN	£175,000	£241,772	28% below HPI
2004 11 AUG	£169,950	£195,532	13% below HPI

5 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 three 5 WATER MEADOW WAY sales between August 2004 and February 2016 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 January 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 WATER MEADOW WAY?

5 WATER MEADOW WAY is 98m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 5 WATER MEADOW WAY lies on this distribution: 29% of detached houses are smaller than 5 WATER MEADOW WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

5 WATER MEADOW WAY: Plot and Title Map

5 WATER MEADOW WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 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 5 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 5 WATER MEADOW WAY?

5 WATER MEADOW WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 5 on WATER MEADOW WAY.