120, THE RIDINGS, ROTHLEY, LEICESTER, LE7 7SL - £1,700,000

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.

120 THE RIDINGS is a very large extended detached house of 265m², built sometime between 1900 and 1929, which could now be worth an estimated £1,960,158. It was last sold for £1,700,000 in October 2021, which was around 371% above the average October 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

120 THE RIDINGS Sold Prices

Land registry data shows two sales for 120 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 120 THE RIDINGS 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
2021 12 OCT	£1,700,000	£360,979	371% above HPI
2013 31 MAY	£640,250	£231,987	176% above HPI

120 THE RIDINGS 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 two 120 THE RIDINGS sales from May 2013 and October 2021 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 May 2013 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the October 2021 sale, where it rises to 371% above the HPI. The line then continues to track at 371% above the HPI.

What might 120 THE RIDINGS be worth now?

120 THE RIDINGS might now be worth an estimated £1,960,158.

This is based on house price inflation of 15.3%, between October 2021 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 15.3% inflationary increase is applied to the most recent sale price for 120 THE RIDINGS of £1,700,000 on 12th October 2021. For the value to have increased from £1,700,000 to £1,960,158 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 120 THE RIDINGS has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2021 sale price of £1,700,000 represented a fair market value for the property.
• The size, condition, and specification of 120 THE RIDINGS has not materially changed since October 2021.

How Large is 120 THE RIDINGS?

120 THE RIDINGS is 265m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 120 THE RIDINGS lies on this distribution: 94% of detached houses houses are smaller than 120 THE RIDINGS, and 6% of houses are larger. Note that EPC data is not available for all properties in Rothley.

120 THE RIDINGS: Plot and Title Map

120 THE RIDINGS sits on a plot of roughly 0.866 of an acre, or 3,504m². The below map shows the location of 120 THE RIDINGS, 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 120 THE RIDINGS). 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 120 THE RIDINGS?

120 THE RIDINGS is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 120 on THE RIDINGS.