1, LORNE ROAD, LEICESTER, LE2 1YF - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LORNE ROAD is a large detached house of 150m², built sometime between 1900 and 1929. It was last sold for £285,000 in December 2014, which was around 26% above the average December 2014 detached price in the Leicester local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

1 LORNE ROAD Sold Prices

Land registry data shows four sales for 1 LORNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 1 LORNE ROAD 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
2014 19 DEC	£285,000	£225,823	26% above HPI
2007 28 FEB	£285,000	£211,980	34% above HPI
2002 30 MAY	£187,500	£122,226	53% above HPI
1998 23 OCT	£123,000	£77,537	59% above HPI

1 LORNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The four 1 LORNE ROAD sales between October 1998 and December 2014 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 February 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 1 LORNE ROAD?

1 LORNE ROAD is 150m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 LORNE ROAD lies on this distribution: 77% of detached houses are smaller than 1 LORNE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 LORNE ROAD: Plot and Title Map

1 LORNE ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 1 LORNE ROAD, 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 1 LORNE ROAD). 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 1 LORNE ROAD?

1 LORNE ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 1 on LORNE ROAD.