9, RIDGEMERE CLOSE, SYSTON, LEICESTER, LE7 2ZR - £357,000

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.

9 RIDGEMERE CLOSE is a large detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £491,291. It was last sold for £357,000 in October 2017, which was around 18% above the average October 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

9 RIDGEMERE CLOSE Sold Prices

Land registry data shows four sales for 9 RIDGEMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 9 RIDGEMERE CLOSE 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
2017 6 OCT	£357,000	£302,450	18% above HPI
2007 14 DEC	£325,000	£254,432	28% above HPI
1997 6 JUN	£115,000	£85,516	34% above HPI
1995 21 APR	£91,000	£78,055	17% above HPI

9 RIDGEMERE CLOSE 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 four 9 RIDGEMERE CLOSE sales between April 1995 and October 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 December 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 9 RIDGEMERE CLOSE be worth now?

9 RIDGEMERE CLOSE might now be worth an estimated £491,291.

This is based on house price inflation of 37.6%, between October 2017 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 37.6% inflationary increase is applied to the most recent sale price for 9 RIDGEMERE CLOSE of £357,000 on 6th October 2017. For the value to have increased from £357,000 to £491,291 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 RIDGEMERE CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2017 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RIDGEMERE CLOSE has not materially changed since October 2017.

How Large is 9 RIDGEMERE CLOSE?

9 RIDGEMERE CLOSE is 126m² according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses houses in Syston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Syston, and where 9 RIDGEMERE CLOSE lies on this distribution: 61% of detached houses houses are smaller than 9 RIDGEMERE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Syston.

9 RIDGEMERE CLOSE: Plot and Title Map

9 RIDGEMERE CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 9 RIDGEMERE CLOSE, 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 9 RIDGEMERE CLOSE). 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 9 RIDGEMERE CLOSE?

9 RIDGEMERE CLOSE is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 9 on RIDGEMERE CLOSE.