72, ESSEX ROAD, LEICESTER, LE4 9EF - £278,000

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

72 ESSEX ROAD is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £278,000 in February 2022, which was around 26% below the average February 2022 detached price in the Leicester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

72 ESSEX ROAD Sold Prices

Land registry data shows five sales for 72 ESSEX ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the five 72 ESSEX 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
2022 14 FEB	£278,000	£376,736	26% below HPI
2015 6 MAR	£135,000	£229,030	41% below HPI
2002 8 MAR	£58,000	£117,302	51% below HPI
1997 12 NOV	£42,500	£73,272	42% below HPI
1996 20 SEP	£27,000	£71,678	62% below HPI

72 ESSEX 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 five 72 ESSEX ROAD sales between September 1996 and February 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 March 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 72 ESSEX ROAD?

72 ESSEX ROAD is 66m² according to the EPC inspection conducted in April 2014. 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 72 ESSEX ROAD lies on this distribution: 5% of detached houses are smaller than 72 ESSEX ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

72 ESSEX ROAD: Plot and Title Map

72 ESSEX ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 72 ESSEX 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 72 ESSEX 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 72 ESSEX ROAD?

72 ESSEX ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 72 on ESSEX ROAD.