1A, THE COMMON, EVINGTON, LEICESTER, LE5 6EA - £480,000

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.

1A THE COMMON is a very large detached house of 165m², built sometime between 1950 and 1966, which could now be worth an estimated £696,573. It was last sold for £480,000 in July 2017, which was around 80% above the average July 2017 detached price in the Leicester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

1A THE COMMON Sold Prices

Land registry data shows two sales for 1A THE COMMON 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 1A THE COMMON 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
2017 7 JUL	£480,000	£266,039	80% above HPI
2006 28 FEB	£350,000	£195,824	79% above HPI

1A THE COMMON 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 1A THE COMMON sales from February 2006 and July 2017 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 February 2006 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2017 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 1A THE COMMON be worth now?

1A THE COMMON might now be worth an estimated £696,573.

This is based on house price inflation of 45.1%, between July 2017 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 45.1% inflationary increase is applied to the most recent sale price for 1A THE COMMON of £480,000 on 7th July 2017. For the value to have increased from £480,000 to £696,573 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 1A THE COMMON has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2017 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 1A THE COMMON has not materially changed since July 2017.

How Large is 1A THE COMMON?

1A THE COMMON is 165m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% 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 1A THE COMMON lies on this distribution: 84% of detached houses houses are smaller than 1A THE COMMON, and 16% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1A THE COMMON: Plot and Title Map

1A THE COMMON sits on a plot of roughly 0.302 of an acre, or 1,224m². The below map shows the location of 1A THE COMMON, 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 1A THE COMMON). 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 1A THE COMMON?

1A THE COMMON is located in EVINGTON, in the LE5 postcode district. The below map shows the position of No. 1A on THE COMMON.