85, OCEAN ROAD, LEICESTER, LE5 2ET - £260,000

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

85 OCEAN ROAD is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £260,000 in September 2019, which was around 16% below the average September 2019 detached price in the Leicester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

85 OCEAN ROAD Sold Prices

Land registry data shows two sales for 85 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 85 OCEAN 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
2019 9 SEP	£260,000	£310,729	16% below HPI
2001 8 JUN	£91,600	£100,693	9% below HPI

85 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 85 OCEAN ROAD sales from June 2001 and September 2019 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 85 OCEAN ROAD?

85 OCEAN ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in March 2016. 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 85 OCEAN ROAD lies on this distribution: 9% of detached houses are smaller than 85 OCEAN ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

85 OCEAN ROAD: Plot and Title Map

85 OCEAN ROAD sits on a plot of roughly 0.360 of an acre, or 1,455m². The below map shows the location of 85 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 85 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 85 OCEAN ROAD?

85 OCEAN ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 85 on OCEAN ROAD.