24, SORREL ROAD, LEICESTER, LE5 1TE - £295,000

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

24 SORREL ROAD is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £295,000 in April 2024, which was around 24% below the average April 2024 detached price in the Leicester local authority area. The most recent EPC inspection was January 2024, where the current energy rating was A, and the potential energy rating was A.

24 SORREL ROAD Sold Prices

Land registry data shows five sales for 24 SORREL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the five 24 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
2024 25 APR	£295,000	£387,573	24% below HPI
2024 22 MAR	£277,500	£391,223	29% below HPI
2015 30 OCT	£174,000	£242,312	28% below HPI
2008 18 MAY	£155,000	£218,594	29% below HPI
2002 26 APR	£98,000	£120,623	19% below HPI

24 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 five 24 SORREL ROAD sales between April 2002 and April 2024 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 March 2024 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 SORREL ROAD?

24 SORREL ROAD is 91m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 24 SORREL ROAD lies on this distribution: 25% of detached houses are smaller than 24 SORREL ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 SORREL ROAD: Plot and Title Map

24 SORREL ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 24 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 24 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 24 SORREL ROAD?

24 SORREL ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 24 on SORREL ROAD.