4, MORLAND AVENUE, LEICESTER, LE2 2PE - £888,500

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.

4 MORLAND AVENUE is a very large detached house of 245m², built sometime between 1900 and 1929, which could now be worth an estimated £871,805. It was last sold for £888,500 in October 2022, which was around 129% above the average October 2022 detached price in the Leicester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

4 MORLAND AVENUE Sold Prices

Land registry data shows two sales for 4 MORLAND 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 4 MORLAND AVENUE sales were 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
2022 31 OCT	£888,500	£387,274	129% above HPI
1999 17 MAR	£195,000	£75,271	159% above HPI

4 MORLAND 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 4 MORLAND AVENUE sales from March 1999 and October 2022 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 1999 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the October 2022 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 4 MORLAND AVENUE be worth now?

4 MORLAND AVENUE might now be worth an estimated £871,805.

This is based on house price deflation of 1.9%, between October 2022 and March 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 1.9% deflationary decrease is applied to the most recent sale price for 4 MORLAND AVENUE of £888,500 on 31st October 2022. For the value to have decreased from £888,500 to £871,805 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 4 MORLAND AVENUE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2022 sale price of £888,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MORLAND AVENUE has not materially changed since October 2022.

How Large is 4 MORLAND AVENUE?

4 MORLAND AVENUE is 245m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% 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 4 MORLAND AVENUE lies on this distribution: 97% of detached houses houses are smaller than 4 MORLAND AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 MORLAND AVENUE: Plot and Title Map

4 MORLAND AVENUE sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of 4 MORLAND 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 4 MORLAND 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 4 MORLAND AVENUE?

4 MORLAND AVENUE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 4 on MORLAND AVENUE.