20, ORMEN GREEN, LEICESTER, LE3 6NS - £198,500

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.

20 ORMEN GREEN is a very small terraced house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £223,814. It was last sold for £198,500 in January 2022, which was around 5% above the average January 2022 terraced price in the Leicester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

20 ORMEN GREEN Sold Prices

Land registry data shows two sales for 20 ORMEN GREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Leicester local authority area for the corresponding sale date. One of the two 20 ORMEN GREEN sales was for above the average price, whilst the other was 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 21 JAN	£198,500	£188,189	5% above HPI
2015 18 DEC	£90,000	£122,924	27% below HPI

20 ORMEN GREEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leicester local authority area over time, sourced from the HPI. The two 20 ORMEN GREEN sales from December 2015 and January 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 December 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 20 ORMEN GREEN be worth now?

20 ORMEN GREEN might now be worth an estimated £223,814.

This is based on house price inflation of 12.8%, between January 2022 and April 2026, for terraced 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 12.8% inflationary increase is applied to the most recent sale price for 20 ORMEN GREEN of £198,500 on 21st January 2022. For the value to have increased from £198,500 to £223,814 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 20 ORMEN GREEN has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The January 2022 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 20 ORMEN GREEN has not materially changed since January 2022.

How Large is 20 ORMEN GREEN?

20 ORMEN GREEN is 64m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 20 ORMEN GREEN lies on this distribution: 4% of terraced houses houses are smaller than 20 ORMEN GREEN, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

20 ORMEN GREEN: Plot and Title Map

20 ORMEN GREEN sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 20 ORMEN GREEN, 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 20 ORMEN GREEN). 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 20 ORMEN GREEN?

20 ORMEN GREEN is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 20 on ORMEN GREEN.