59, OCEAN ROAD, LEICESTER, LE5 2ER - £360,000

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

59 OCEAN ROAD is a large detached house of 149m², built sometime between 1950 and 1966. It was last sold for £360,000 in June 2018, which was around 21% above the average June 2018 detached price in the Leicester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

59 OCEAN ROAD Sold Prices

Land registry data shows two sales for 59 OCEAN ROAD 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 59 OCEAN ROAD 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
2018 21 JUN	£360,000	£297,276	21% above HPI
2002 14 JUN	£157,500	£127,096	24% above HPI

59 OCEAN 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 two 59 OCEAN ROAD sales from June 2002 and June 2018 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 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 59 OCEAN ROAD?

59 OCEAN ROAD is 149m² according to the EPC inspection conducted in February 2017. 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 59 OCEAN ROAD lies on this distribution: 76% of detached houses are smaller than 59 OCEAN ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Leicester.

59 OCEAN ROAD: Plot and Title Map

59 OCEAN ROAD sits on a plot of roughly 0.335 of an acre, or 1,356m². The below map shows the location of 59 OCEAN 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 59 OCEAN 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 59 OCEAN ROAD?

59 OCEAN ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 59 on OCEAN ROAD.