29, THE RIDGEWAY, ROTHLEY, LEICESTER, LE7 7LE - £3,000,000

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.

29 THE RIDGEWAY is a very large extended detached house of 776m², built sometime between 1950 and 1966, which could now be worth an estimated £5,724,241. It was last sold for £3,000,000 in April 2009, which was around 1275% above the average April 2009 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

29 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 29 THE RIDGEWAY 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 29 THE RIDGEWAY 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
2009 3 APR	£3,000,000	£218,136	1275% above HPI
2005 5 JAN	£1,400,000	£230,137	508% above HPI

29 THE RIDGEWAY 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 29 THE RIDGEWAY sales from January 2005 and April 2009 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 January 2005 sale was for 508% above the HPI. So the extrapolation line tracks at 508% above the HPI over time, until the April 2009 sale, where it rises to 1275% above the HPI. The line then continues to track at 1275% above the HPI.

What might 29 THE RIDGEWAY be worth now?

29 THE RIDGEWAY might now be worth an estimated £5,724,241.

This is based on house price inflation of 90.8%, between April 2009 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 90.8% inflationary increase is applied to the most recent sale price for 29 THE RIDGEWAY of £3,000,000 on 3rd April 2009. For the value to have increased from £3,000,000 to £5,724,241 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of 29 THE RIDGEWAY has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2009 sale price of £3,000,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THE RIDGEWAY has not materially changed since April 2009.

How Large is 29 THE RIDGEWAY?

29 THE RIDGEWAY is 776m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the largest 10% 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 29 THE RIDGEWAY lies on this distribution: More than 99% of detached houses houses are smaller than 29 THE RIDGEWAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Rothley.

29 THE RIDGEWAY: Plot and Title Map

29 THE RIDGEWAY sits on a plot of roughly 1.3 acres, or 5,110m². The below map shows the location of 29 THE RIDGEWAY, 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 29 THE RIDGEWAY). 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 29 THE RIDGEWAY?

29 THE RIDGEWAY is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 29 on THE RIDGEWAY.