22, SORREL ROAD, LEICESTER, LE5 1TE - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 SORREL ROAD is a small extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £225,000 in October 2016, which was around 15% below the average October 2016 detached price in the Leicester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

22 SORREL ROAD Sold Prices

Land registry data shows three sales for 22 SORREL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 22 SORREL 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
2016 28 OCT	£225,000	£263,528	15% below HPI
2016 30 SEP	£225,000	£259,359	13% below HPI
1995 8 DEC	£59,000	£69,509	15% below HPI

22 SORREL 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 three 22 SORREL ROAD sales between December 1995 and October 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 September 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 22 SORREL ROAD?

22 SORREL ROAD is 99m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 22 SORREL ROAD lies on this distribution: 33% of detached houses are smaller than 22 SORREL ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Leicester.

22 SORREL ROAD: Plot and Title Map

22 SORREL ROAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 22 SORREL 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 22 SORREL 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 22 SORREL ROAD?

22 SORREL ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 22 on SORREL ROAD.