2, RIDGWAY ROAD, LEICESTER, LE2 3LH - £708,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RIDGWAY ROAD is a very large extended detached house of 198m², built sometime between 1900 and 1929. It was last sold for £708,500 in June 2024, which was around 87% above the average June 2024 detached price in the Leicester local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was C.

2 RIDGWAY ROAD Sold Prices

Land registry data shows two sales for 2 RIDGWAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 2 RIDGWAY 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
2024 10 JUN	£708,500	£378,014	87% above HPI
2005 28 OCT	£375,000	£197,827	90% above HPI

2 RIDGWAY 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 two 2 RIDGWAY ROAD sales from October 2005 and June 2024 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 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the June 2024 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 2 RIDGWAY ROAD be worth now?

2 RIDGWAY ROAD might now be worth an estimated £724,486.

This is based on house price inflation of 2.3%, between June 2024 and December 2024, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 2 RIDGWAY ROAD of £708,500 on 10th June 2024. For the value to have increased from £708,500 to £724,486 over the six months to December 2024, the following assumptions must hold true:

• The value of 2 RIDGWAY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The June 2024 sale price of £708,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGWAY ROAD has not materially changed since June 2024.

How Large is 2 RIDGWAY ROAD?

2 RIDGWAY ROAD is 198m², which includes four extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 2 RIDGWAY ROAD lies on this distribution: 92% of detached houses houses are smaller than 2 RIDGWAY ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 RIDGWAY ROAD: Plot and Title Map

2 RIDGWAY ROAD sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 2 RIDGWAY 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 2 RIDGWAY 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 2 RIDGWAY ROAD?

2 RIDGWAY ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 2 on RIDGWAY ROAD.