13, THE RINGWAY, QUENIBOROUGH, LEICESTER, LE7 3DN - £322,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

13 THE RINGWAY is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £322,500 in February 2021, which was around 10% below the average February 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

13 THE RINGWAY Sold Prices

Land registry data shows three sales for 13 THE RINGWAY 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 13 THE RINGWAY 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
2021 19 FEB	£322,500	£358,017	10% below HPI
2005 19 OCT	£182,000	£235,060	23% below HPI
2001 13 SEP	£115,000	£133,115	14% below HPI

13 THE RINGWAY 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 13 THE RINGWAY sales between September 2001 and February 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 October 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 13 THE RINGWAY?

13 THE RINGWAY is 110m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% of detached houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses by size in Queniborough, and where 13 THE RINGWAY lies on this distribution: 44% of detached houses are smaller than 13 THE RINGWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

13 THE RINGWAY: Plot and Title Map

13 THE RINGWAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 13 THE RINGWAY, 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 13 THE RINGWAY). 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 13 THE RINGWAY?

13 THE RINGWAY is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 13 on THE RINGWAY.