9, RIDGWAY ROAD, LEICESTER, LE2 3LH - £450,000

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 RIDGWAY ROAD is a very large detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £784,909. It was last sold for £450,000 in August 2014, which was around 107% above the average August 2014 detached price in the Leicester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

9 RIDGWAY ROAD Sold Prices

Land registry data shows two sales for 9 RIDGWAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 9 RIDGWAY 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
2014 18 AUG	£450,000	£217,858	107% above HPI
2000 22 MAR	£175,000	£82,359	112% above HPI

9 RIDGWAY 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 two 9 RIDGWAY ROAD sales from March 2000 and August 2014 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 2000 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the August 2014 sale, where it falls to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 9 RIDGWAY ROAD be worth now?

9 RIDGWAY ROAD might now be worth an estimated £784,909.

This is based on house price inflation of 74.4%, between August 2014 and March 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.4% inflationary increase is applied to the most recent sale price for 9 RIDGWAY ROAD of £450,000 on 18th August 2014. For the value to have increased from £450,000 to £784,909 over the eleven years and five months to March 2025, the following assumptions must hold true:

• The value of 9 RIDGWAY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RIDGWAY ROAD has not materially changed since August 2014.

How Large is 9 RIDGWAY ROAD?

9 RIDGWAY ROAD is 162m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 9 RIDGWAY ROAD lies on this distribution: 82% of detached houses houses are smaller than 9 RIDGWAY ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Leicester.

9 RIDGWAY ROAD: Plot and Title Map

9 RIDGWAY ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 9 RIDGWAY 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 9 RIDGWAY 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 9 RIDGWAY ROAD?

9 RIDGWAY ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 9 on RIDGWAY ROAD.