31, RINGLET DRIVE, EAST LEAKE, LOUGHBOROUGH, LE12 6XU - £291,000

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.

31 RINGLET DRIVE is a small detached house of 99m², which could now be worth an estimated £354,776. It was last sold for £291,000 in June 2021, which was around 29% below the average June 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

31 RINGLET DRIVE Sold Prices

Land registry data shows two sales for 31 RINGLET DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 31 RINGLET DRIVE sales were for below 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	£291,000	£410,315	29% below HPI
2019 29 MAR	£264,995	£375,498	29% below HPI

31 RINGLET DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 31 RINGLET DRIVE sales from March 2019 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 March 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, which was also at 29% below the HPI.

What might 31 RINGLET DRIVE be worth now?

31 RINGLET DRIVE might now be worth an estimated £354,776.

This is based on house price inflation of 21.9%, between June 2021 and February 2025, for 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 21.9% inflationary increase is applied to the most recent sale price for 31 RINGLET DRIVE of £291,000 on 18th June 2021. For the value to have increased from £291,000 to £354,776 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 31 RINGLET DRIVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2021 sale price of £291,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RINGLET DRIVE has not materially changed since June 2021.

How Large is 31 RINGLET DRIVE?

31 RINGLET DRIVE is 99m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 31 RINGLET DRIVE lies on this distribution: 30% of detached houses houses are smaller than 31 RINGLET DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in East Leake.

31 RINGLET DRIVE: Plot and Title Map

31 RINGLET DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 31 RINGLET DRIVE, 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 31 RINGLET DRIVE). 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 31 RINGLET DRIVE?

31 RINGLET DRIVE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 31 on RINGLET DRIVE.