3, ORCHID CLOSE, HAMILTON, LEICESTER, LE5 1SX - £168,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 ORCHID CLOSE is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £168,000 in October 2011, which was around 19% below the average October 2011 detached price in the Leicester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 ORCHID CLOSE Sold Prices

Land registry data shows two sales for 3 ORCHID CLOSE 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. One of the two 3 ORCHID CLOSE sales was for below the average price, whilst the other was for above 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
2011 6 OCT	£168,000	£206,922	19% below HPI
1995 22 DEC	£72,000	£69,509	4% above HPI

3 ORCHID CLOSE 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 3 ORCHID CLOSE sales from December 1995 and October 2011 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 December 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 ORCHID CLOSE?

3 ORCHID CLOSE is 103m² according to the EPC inspection conducted in September 2011. 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 3 ORCHID CLOSE lies on this distribution: 37% of detached houses are smaller than 3 ORCHID CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 ORCHID CLOSE: Plot and Title Map

3 ORCHID CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 ORCHID CLOSE, 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 3 ORCHID CLOSE). 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 3 ORCHID CLOSE?

3 ORCHID CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 3 on ORCHID CLOSE.