261, MARTIN STREET, LEICESTER, LE4 6EU - £57,000

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

261 MARTIN STREET is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £57,000 in September 2000, which was around 39% below the average September 2000 detached price in the Leicester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

261 MARTIN STREET Sold Prices

Land registry data shows two sales for 261 MARTIN STREET 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 261 MARTIN STREET 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
2000 13 SEP	£57,000	£93,073	39% below HPI
1996 16 FEB	£57,000	£67,777	16% below HPI

261 MARTIN STREET 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 261 MARTIN STREET sales from February 1996 and September 2000 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 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2000 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 261 MARTIN STREET?

261 MARTIN STREET is 70m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 261 MARTIN STREET lies on this distribution: 7% of detached houses are smaller than 261 MARTIN STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

261 MARTIN STREET: Plot and Title Map

261 MARTIN STREET sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 261 MARTIN STREET, 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 261 MARTIN STREET). 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 261 MARTIN STREET?

261 MARTIN STREET is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 261 on MARTIN STREET.