7, RATCLIFFE ROAD, LEICESTER, LE2 3TE - £611,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RATCLIFFE ROAD is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £611,000 in October 2018, which was around 102% above the average October 2018 detached price in the Leicester local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

7 RATCLIFFE ROAD Sold Prices

Land registry data shows three sales for 7 RATCLIFFE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 7 RATCLIFFE 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
2018 19 OCT	£611,000	£302,286	102% above HPI
2011 19 AUG	£475,000	£205,195	131% above HPI
1995 26 MAY	£190,000	£68,183	179% above HPI

7 RATCLIFFE 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 three 7 RATCLIFFE ROAD sales between May 1995 and October 2018 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 August 2011 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the October 2018 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is 7 RATCLIFFE ROAD?

7 RATCLIFFE ROAD is 162m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 7 RATCLIFFE ROAD lies on this distribution: 82% of detached houses are smaller than 7 RATCLIFFE ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 RATCLIFFE ROAD: Plot and Title Map

7 RATCLIFFE ROAD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 7 RATCLIFFE 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 7 RATCLIFFE 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 7 RATCLIFFE ROAD?

7 RATCLIFFE ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 7 on RATCLIFFE ROAD.