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
1 RINGWOOD ROAD is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £360,000 in April 2024, which was around 10% below the average April 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 RINGWOOD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 1 RINGWOOD 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 |
---|---|---|---|
2024 19 APR | £360,000 | £401,413 | 10% below HPI |
2019 20 SEP | £308,000 | £336,005 | 8% below HPI |
2014 2 MAY | £222,500 | £252,503 | 12% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 1 RINGWOOD ROAD sales between May 2014 and April 2024 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 September 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
1 RINGWOOD ROAD is 132m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Shepshed, based on EPC data. The below chart shows the distribution of detached houses by size in Shepshed, and where 1 RINGWOOD ROAD lies on this distribution: 77% of detached houses are smaller than 1 RINGWOOD ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Shepshed.
1 RINGWOOD ROAD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 1 RINGWOOD 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 1 RINGWOOD 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.
1 RINGWOOD ROAD is located in SHEPSHED, in the LE12 postcode district. The below map shows the position of No. 1 on RINGWOOD ROAD.