16, REDGATE PLACE, EAST LEAKE, LOUGHBOROUGH, LE12 6AA - £222,000

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.

16 REDGATE PLACE is a very small semi-detached house of 84m², which could now be worth an estimated £275,093. It was last sold for £222,000 in November 2020, which was around 12% below the average November 2020 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

16 REDGATE PLACE Sold Prices

Land registry data shows two sales for 16 REDGATE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two 16 REDGATE PLACE sales was for below the average price, whilst the other was 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
2020 3 NOV	£222,000	£251,122	12% below HPI
2016 21 APR	£206,995	£204,779	1% above HPI

16 REDGATE PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 16 REDGATE PLACE sales from April 2016 and November 2020 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 April 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 REDGATE PLACE be worth now?

16 REDGATE PLACE might now be worth an estimated £275,093.

This is based on house price inflation of 23.9%, between November 2020 and February 2025, for semi-detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 16 REDGATE PLACE of £222,000 on 3rd November 2020. For the value to have increased from £222,000 to £275,093 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 REDGATE PLACE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The November 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDGATE PLACE has not materially changed since November 2020.

How Large is 16 REDGATE PLACE?

16 REDGATE PLACE is 84m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of semi-detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Leake, and where 16 REDGATE PLACE lies on this distribution: 13% of semi-detached houses houses are smaller than 16 REDGATE PLACE, and 86% of houses are larger. Note that EPC data is not available for all properties in East Leake.

16 REDGATE PLACE: Plot and Title Map

16 REDGATE PLACE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 16 REDGATE PLACE, 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 16 REDGATE PLACE). 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 16 REDGATE PLACE?

16 REDGATE PLACE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 16 on REDGATE PLACE.