2, THE RISE, ROTHLEY, LEICESTER, LE7 7NQ - £290,000

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 THE RISE is a large extended detached house of 156m², built sometime between 1967 and 1975, which could now be worth an estimated £398,941. It was last sold for £290,000 in July 2017, which was around 3% below the average July 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE RISE Sold Prices

Land registry data shows three sales for 2 THE RISE 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. One of the three 2 THE RISE sales was for below the average price, whilst two 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
2017 24 JUL	£290,000	£299,532	3% below HPI
2006 19 JUN	£250,000	£228,918	9% above HPI
2002 1 AUG	£222,500	£164,988	35% above HPI

2 THE RISE 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 2 THE RISE sales between August 2002 and July 2017 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 June 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 THE RISE be worth now?

2 THE RISE might now be worth an estimated £398,941.

This is based on house price inflation of 37.6%, between July 2017 and December 2024, 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 37.6% inflationary increase is applied to the most recent sale price for 2 THE RISE of £290,000 on 24th July 2017. For the value to have increased from £290,000 to £398,941 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 THE RISE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The July 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RISE has not materially changed since July 2017.

How Large is 2 THE RISE?

2 THE RISE is 156m², which includes four extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 2 THE RISE lies on this distribution: 73% of detached houses houses are smaller than 2 THE RISE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rothley.

2 THE RISE: Plot and Title Map

2 THE RISE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 2 THE RISE, 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 THE RISE). 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 THE RISE?

2 THE RISE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 2 on THE RISE.