4, ORCHID CLOSE, HAMILTON, LEICESTER, LE5 1SX - £105,000

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

4 ORCHID CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £105,000 in August 2002, which was around 23% below the average August 2002 detached price in the Leicester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

4 ORCHID CLOSE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 ORCHID CLOSE 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
2002 29 AUG	£105,000	£137,190	23% below HPI
1995 22 SEP	£66,250	£69,916	5% below HPI

4 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 4 ORCHID CLOSE sales from September 1995 and August 2002 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 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2002 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 ORCHID CLOSE?

4 ORCHID CLOSE is 76m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 4 ORCHID CLOSE lies on this distribution: 11% of detached houses are smaller than 4 ORCHID CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 ORCHID CLOSE: Plot and Title Map

4 ORCHID CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 4 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 4 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 4 ORCHID CLOSE?

4 ORCHID CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 4 on ORCHID CLOSE.