14, RIDGEMERE CLOSE, SYSTON, LEICESTER, LE7 2ZR - £442,000

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.

14 RIDGEMERE CLOSE is a large extended detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £520,144. It was last sold for £442,000 in June 2021, which was around 25% above the average June 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

14 RIDGEMERE CLOSE Sold Prices

Land registry data shows two sales for 14 RIDGEMERE CLOSE 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 14 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
2021 18 JUN	£442,000	£353,690	25% above HPI
2007 9 FEB	£285,000	£246,028	16% above HPI

14 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 two 14 RIDGEMERE CLOSE sales from February 2007 and June 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 February 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 14 RIDGEMERE CLOSE be worth now?

14 RIDGEMERE CLOSE might now be worth an estimated £520,144.

This is based on house price inflation of 17.7%, between June 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 17.7% inflationary increase is applied to the most recent sale price for 14 RIDGEMERE CLOSE of £442,000 on 18th June 2021. For the value to have increased from £442,000 to £520,144 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 14 RIDGEMERE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2021 sale price of £442,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RIDGEMERE CLOSE has not materially changed since June 2021.

How Large is 14 RIDGEMERE CLOSE?

14 RIDGEMERE CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 30% 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 14 RIDGEMERE CLOSE lies on this distribution: 75% of detached houses houses are smaller than 14 RIDGEMERE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Syston.

14 RIDGEMERE CLOSE: Plot and Title Map

14 RIDGEMERE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 14 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 14 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 14 RIDGEMERE CLOSE?

14 RIDGEMERE CLOSE is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 14 on RIDGEMERE CLOSE.