197A, OCEAN ROAD, LEICESTER, LE5 2EU - £152,000

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

197A OCEAN ROAD is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £152,000 in October 2009, which was around 21% below the average October 2009 detached price in the Leicester local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

197A OCEAN ROAD Sold Prices

Land registry data shows two sales for 197A OCEAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 197A OCEAN ROAD 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
2009 9 OCT	£152,000	£192,965	21% below HPI
2006 21 JUL	£150,000	£205,591	27% below HPI

197A OCEAN 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 two 197A OCEAN ROAD sales from July 2006 and October 2009 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 197A OCEAN ROAD?

197A OCEAN ROAD is 114m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 197A OCEAN ROAD lies on this distribution: 49% of detached houses are smaller than 197A OCEAN ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Leicester.

197A OCEAN ROAD: Plot and Title Map

197A OCEAN ROAD sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 197A OCEAN 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 197A OCEAN 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 197A OCEAN ROAD?

197A OCEAN ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 197A on OCEAN ROAD.