131, RATCLIFFE ROAD, LEICESTER, LE2 3TE - £565,000

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

131 RATCLIFFE ROAD is a very large extended detached house of 170m², built sometime between 1967 and 1975. It was last sold for £565,000 in January 2018, which was around 96% above the average January 2018 detached price in the Leicester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

131 RATCLIFFE ROAD Sold Prices

Land registry data shows three sales for 131 RATCLIFFE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 131 RATCLIFFE ROAD 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
2018 23 JAN	£565,000	£288,972	96% above HPI
2015 8 OCT	£370,000	£242,312	53% above HPI
1995 1 SEP	£142,500	£69,916	104% above HPI

131 RATCLIFFE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 131 RATCLIFFE ROAD sales between September 1995 and January 2018 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 2015 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2018 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 131 RATCLIFFE ROAD?

131 RATCLIFFE ROAD is 170m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 131 RATCLIFFE ROAD lies on this distribution: 85% of detached houses are smaller than 131 RATCLIFFE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Leicester.

131 RATCLIFFE ROAD: Plot and Title Map

131 RATCLIFFE ROAD sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 131 RATCLIFFE ROAD, 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 131 RATCLIFFE ROAD). 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 131 RATCLIFFE ROAD?

131 RATCLIFFE ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 131 on RATCLIFFE ROAD.