124, THE RIDINGS, ROTHLEY, LEICESTER, LE7 7SL - £920,000

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.

124 THE RIDINGS is a very large extended detached house of 217m², built sometime between 1950 and 1966, which could now be worth an estimated £1,016,254. It was last sold for £920,000 in January 2022, which was around 144% above the average January 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

124 THE RIDINGS Sold Prices

Land registry data shows two sales for 124 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 124 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
2022 28 JAN	£920,000	£376,799	144% above HPI
2014 23 JUN	£595,000	£251,306	137% above HPI

124 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 124 THE RIDINGS sales from June 2014 and January 2022 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 2014 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the January 2022 sale, where it rises to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might 124 THE RIDINGS be worth now?

124 THE RIDINGS might now be worth an estimated £1,016,254.

This is based on house price inflation of 10.5%, between January 2022 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 10.5% inflationary increase is applied to the most recent sale price for 124 THE RIDINGS of £920,000 on 28th January 2022. For the value to have increased from £920,000 to £1,016,254 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 124 THE RIDINGS has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The January 2022 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of 124 THE RIDINGS has not materially changed since January 2022.

How Large is 124 THE RIDINGS?

124 THE RIDINGS is 217m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% 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 124 THE RIDINGS lies on this distribution: 89% of detached houses houses are smaller than 124 THE RIDINGS, and 11% of houses are larger. Note that EPC data is not available for all properties in Rothley.

124 THE RIDINGS: Plot and Title Map

124 THE RIDINGS sits on a plot of roughly 0.574 of an acre, or 2,321m². The below map shows the location of 124 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 124 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 124 THE RIDINGS?

124 THE RIDINGS is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 124 on THE RIDINGS.