2, ELLIS AVENUE, LEICESTER, LE4 5LA - £125,000

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.

2 ELLIS AVENUE is a midsized extended detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £257,254. It was last sold for £125,000 in October 2009, which was around 33% below the average October 2009 detached price in the Leicester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

2 ELLIS AVENUE Sold Prices

Land registry data shows two sales for 2 ELLIS AVENUE 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 2 ELLIS AVENUE 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 13 OCT	£125,000	£187,594	33% below HPI
2002 21 AUG	£78,000	£133,372	42% below HPI

2 ELLIS AVENUE 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 2 ELLIS AVENUE sales from August 2002 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 August 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2009 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 ELLIS AVENUE be worth now?

2 ELLIS AVENUE might now be worth an estimated £257,254.

This is based on house price inflation of 105.8%, between October 2009 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 105.8% inflationary increase is applied to the most recent sale price for 2 ELLIS AVENUE of £125,000 on 13th October 2009. For the value to have increased from £125,000 to £257,254 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 ELLIS AVENUE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2009 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELLIS AVENUE has not materially changed since October 2009.

How Large is 2 ELLIS AVENUE?

2 ELLIS AVENUE is 109m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 2 ELLIS AVENUE lies on this distribution: 44% of detached houses houses are smaller than 2 ELLIS AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 ELLIS AVENUE: Plot and Title Map

2 ELLIS AVENUE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 2 ELLIS AVENUE, 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 2 ELLIS AVENUE). 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 2 ELLIS AVENUE?

2 ELLIS AVENUE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 2 on ELLIS AVENUE.