54A, ORTON ROAD, LEICESTER, LE4 2AS - £177,000

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.

54A ORTON ROAD is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £201,228. It was last sold for £177,000 in September 2021, which was around 48% below the average September 2021 detached price in the Leicester local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

54A ORTON ROAD Sold Prices

Land registry data shows three sales for 54A ORTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 54A ORTON ROAD 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
2021 8 SEP	£177,000	£339,590	48% below HPI
1999 26 MAR	£51,000	£75,271	32% below HPI
1998 17 JUL	£40,000	£74,224	46% below HPI

54A ORTON ROAD 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 three 54A ORTON ROAD sales between July 1998 and September 2021 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 54A ORTON ROAD be worth now?

54A ORTON ROAD might now be worth an estimated £201,228.

This is based on house price inflation of 13.7%, between September 2021 and February 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 13.7% inflationary increase is applied to the most recent sale price for 54A ORTON ROAD of £177,000 on 8th September 2021. For the value to have increased from £177,000 to £201,228 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 54A ORTON ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The September 2021 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 54A ORTON ROAD has not materially changed since September 2021.

How Large is 54A ORTON ROAD?

54A ORTON ROAD is 60m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 54A ORTON ROAD lies on this distribution: 3% of detached houses houses are smaller than 54A ORTON ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Leicester.

54A ORTON ROAD: Plot and Title Map

54A ORTON ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 54A ORTON ROAD, 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 54A ORTON ROAD). 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 54A ORTON ROAD?

54A ORTON ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 54A on ORTON ROAD.