11, RIDGEMERE CLOSE, SYSTON, LEICESTER, LE7 2ZR - £280,000

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

11 RIDGEMERE CLOSE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £280,000 in May 2014, which was around 11% above the average May 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

11 RIDGEMERE CLOSE Sold Prices

Land registry data shows three sales for 11 RIDGEMERE CLOSE since 1^st 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 11 RIDGEMERE CLOSE 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
2014 30 MAY	£280,000	£252,503	11% above HPI
2003 26 SEP	£230,000	£207,412	11% above HPI
2001 15 MAR	£156,000	£120,173	30% above HPI

11 RIDGEMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 11 RIDGEMERE CLOSE sales between March 2001 and May 2014 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 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2014 sale, which was also at 11% above the HPI.

How Large is 11 RIDGEMERE CLOSE?

11 RIDGEMERE CLOSE is 126m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 11 RIDGEMERE CLOSE lies on this distribution: 61% of detached houses are smaller than 11 RIDGEMERE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Syston.

11 RIDGEMERE CLOSE: Plot and Title Map

11 RIDGEMERE CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 11 RIDGEMERE CLOSE, 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 11 RIDGEMERE CLOSE). 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 11 RIDGEMERE CLOSE?

11 RIDGEMERE CLOSE is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 11 on RIDGEMERE CLOSE.