Ratcliffe Hall is a Grade II listed country house built circa 1812 by Robert Shirley, 7th Earl Ferrers and was inherited by his granddaughter, Caroline Shirley, Duchess Sforza Cesarini, who had married into the Italian aristocracy. It subsequently descended to the pioneer aviator, Sir William Lindsay Everard, who set up Ratcliffe Aerodrome, which opened with a 'Grand Air Pageant' on 6 September 1930. Famed aviator Amy Johnson made an unexpected trip from London to participate with Sir Sefton Brancker, Director of Civil Aviation. Some 5000 spectators were treated to a show with 100 planes and staged bombings of Chinese pirates. There was one crash, but no one was killed. Ratcliffe Aerodrome was one of the finest in civil aviation with a comfortable clubhouse and an outdoor pool. The hangars were first class and the many air shows and displays had the atmosphere of a garden party.
Ratcliffe is known for its abundance in wildlife especially crayfish which inhabit the River Wreake right through the village.