40, MORLAND AVENUE, LEICESTER, LE2 2PE - £653,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 MORLAND AVENUE is a large detached house of 144m², built sometime between 1950 and 1966. It was last sold for £653,000 in March 2022, which was around 71% above the average March 2022 detached price in the Leicester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

40 MORLAND AVENUE Sold Prices

Land registry data shows four sales for 40 MORLAND AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 40 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 3 MAR	£653,000	£382,543	71% above HPI
2019 10 JUN	£525,000	£308,588	70% above HPI
2006 5 MAY	£330,000	£202,285	63% above HPI
1996 9 DEC	£120,000	£68,856	74% above HPI

40 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 four 40 MORLAND AVENUE sales between December 1996 and March 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 June 2019 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the March 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 40 MORLAND AVENUE?

40 MORLAND AVENUE is 144m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 40 MORLAND AVENUE lies on this distribution: 74% of detached houses are smaller than 40 MORLAND AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 MORLAND AVENUE: Plot and Title Map

40 MORLAND AVENUE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 40 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 40 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 40 MORLAND AVENUE?

40 MORLAND AVENUE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 40 on MORLAND AVENUE.