14, LEE RISE, RATBY, LEICESTER, LE6 0NX - £208,000

14 LEE RISE is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £208,000 in June 2020, which was around 34% below the average June 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

14 LEE RISE Sold Prices

Land registry data shows three sales for 14 LEE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 14 LEE RISE 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
2020 15 JUN	£208,000	£313,441	34% below HPI
2010 5 MAR	£156,950	£210,888	26% below HPI
2006 7 APR	£138,000	£224,293	38% below HPI

14 LEE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 14 LEE RISE sales between April 2006 and June 2020 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 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 14 LEE RISE?

14 LEE RISE is 60m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 14 LEE RISE lies on this distribution: 15% of detached houses are smaller than 14 LEE RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ratby.

14 LEE RISE: Plot and Title Map

14 LEE RISE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 14 LEE RISE, 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 14 LEE RISE). 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 14 LEE RISE?

14 LEE RISE is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 14 on LEE RISE.