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

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.

79 OCEAN ROAD is a small semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £270,783. It was last sold for £85,000 in September 2002, which was around 2% above the average September 2002 semi-detached price in the Leicester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

79 OCEAN ROAD Sold Prices

Land registry data shows three sales for 79 OCEAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. The three 79 OCEAN ROAD sales were a mix of above the average price, and roughly equal to 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
2002 20 SEP	£85,000	£83,170	2% above HPI
2001 22 JUN	£65,000	£59,444	9% above HPI
1998 2 APR	£45,000	£45,055	Close to HPI

79 OCEAN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The three 79 OCEAN ROAD sales between April 1998 and September 2002 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% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2002 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 79 OCEAN ROAD be worth now?

79 OCEAN ROAD might now be worth an estimated £270,783.

This is based on house price inflation of 218.6%, between September 2002 and May 2026, for semi-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 218.6% inflationary increase is applied to the most recent sale price for 79 OCEAN ROAD of £85,000 on 20th September 2002. For the value to have increased from £85,000 to £270,783 over the 24 years and four months to May 2026, the following assumptions must hold true:

• The value of 79 OCEAN ROAD has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The September 2002 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 79 OCEAN ROAD has not materially changed since September 2002.

How Large is 79 OCEAN ROAD?

79 OCEAN ROAD is 88m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 79 OCEAN ROAD lies on this distribution: 21% of semi-detached houses houses are smaller than 79 OCEAN ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Leicester.

79 OCEAN ROAD: Plot and Title Map

79 OCEAN ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 79 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 79 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 79 OCEAN ROAD?

79 OCEAN ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 79 on OCEAN ROAD.