3, THE RIDING, LEICESTER, LE4 1DW - £232,500

3 THE RIDING is a large detached house of 138m², built sometime between 1983 and 1990. It was last sold for £232,500 in January 2011, which was around 15% above the average January 2011 detached price in the Leicester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

3 THE RIDING Sold Prices

Land registry data shows four sales for 3 THE RIDING since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Most of the four 3 THE RIDING 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
2011 24 JAN	£232,500	£202,480	15% above HPI
2010 3 SEP	£202,500	£209,755	3% below HPI
2004 22 JUN	£125,000	£192,208	35% below HPI
2002 25 JUN	£118,000	£127,096	7% below HPI

3 THE RIDING 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 four 3 THE RIDING sales between June 2002 and January 2011 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 September 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 THE RIDING?

3 THE RIDING is 138m² according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 3 THE RIDING lies on this distribution: 70% of detached houses are smaller than 3 THE RIDING, and 30% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 THE RIDING: Plot and Title Map

3 THE RIDING sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 3 THE RIDING, 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 3 THE RIDING). 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 3 THE RIDING?

3 THE RIDING is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 3 on THE RIDING.