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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 RIDGEMERE CLOSE is a large detached house of 126m², built sometime between 1983 and 1990. It was last sold for £357,000 in October 2017, which was around 16% 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	£306,592	16% above HPI
2007 14 DEC	£325,000	£257,916	26% above HPI
1997 6 JUN	£115,000	£86,687	33% above HPI
1995 21 APR	£91,000	£79,124	15% 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 9 RIDGEMERE CLOSE lies on this distribution: 61% of detached 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.