1, GALE CLOSE, LUTTERWORTH, LE17 4LL - £220,000

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.

1 GALE CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £410,079. It was last sold for £220,000 in March 2012, which was around 16% below the average March 2012 detached price in the Harborough local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

1 GALE CLOSE Sold Prices

Land registry data shows three sales for 1 GALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 1 GALE CLOSE 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
2012 16 MAR	£220,000	£260,385	16% below HPI
2003 30 MAY	£169,000	£206,614	18% below HPI
1997 14 NOV	£91,000	£101,266	10% below HPI

1 GALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 1 GALE CLOSE sales between November 1997 and March 2012 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 May 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 GALE CLOSE be worth now?

1 GALE CLOSE might now be worth an estimated £410,079.

This is based on house price inflation of 86.4%, between March 2012 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.4% inflationary increase is applied to the most recent sale price for 1 GALE CLOSE of £220,000 on 16th March 2012. For the value to have increased from £220,000 to £410,079 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 1 GALE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2012 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GALE CLOSE has not materially changed since March 2012.

How Large is 1 GALE CLOSE?

1 GALE CLOSE is 97m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 1 GALE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 1 GALE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

1 GALE CLOSE: Plot and Title Map

1 GALE CLOSE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 1 GALE 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 1 GALE 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 1 GALE CLOSE?

1 GALE CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 1 on GALE CLOSE.