4, ORMEN GREEN, LEICESTER, LE3 6NS - £154,000

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 ORMEN GREEN is a very small detached house of 65m², built sometime between 1930 and 1949. It was last sold for £154,000 in July 2022, which was around 60% below the average July 2022 detached price in the Leicester local authority area. The most recent EPC inspection was July 2019, where the current energy rating was G, and the potential energy rating was C.

4 ORMEN GREEN Sold Prices

Land registry data shows two sales for 4 ORMEN GREEN 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 ORMEN GREEN 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
2022 12 JUL	£154,000	£380,426	60% below HPI
2019 14 OCT	£120,000	£312,026	62% below HPI

4 ORMEN GREEN 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 ORMEN GREEN sales from October 2019 and July 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 October 2019 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the July 2022 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 4 ORMEN GREEN?

4 ORMEN GREEN is 65m² according to the EPC inspection conducted in July 2019. 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 4 ORMEN GREEN lies on this distribution: 4% of detached houses are smaller than 4 ORMEN GREEN, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 ORMEN GREEN: Plot and Title Map

4 ORMEN GREEN sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 4 ORMEN GREEN, 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 ORMEN GREEN). 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 ORMEN GREEN?

4 ORMEN GREEN is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 4 on ORMEN GREEN.