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

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.

11 RIDGEMERE CLOSE is a large detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £467,867. It was last sold for £280,000 in May 2014, which was around 12% 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	£249,092	12% above HPI
2003 26 SEP	£230,000	£204,610	12% above HPI
2001 15 MAR	£156,000	£118,549	32% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2014 sale, which was also at 12% above the HPI.

What might 11 RIDGEMERE CLOSE be worth now?

11 RIDGEMERE CLOSE might now be worth an estimated £467,867.

This is based on house price inflation of 67.1%, between May 2014 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.1% inflationary increase is applied to the most recent sale price for 11 RIDGEMERE CLOSE of £280,000 on 30th May 2014. For the value to have increased from £280,000 to £467,867 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 11 RIDGEMERE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 11 RIDGEMERE CLOSE has not materially changed since May 2014.

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 houses in Syston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Syston, and where 11 RIDGEMERE CLOSE lies on this distribution: 61% of detached houses 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.