1, PENCLOSE ROAD, FLECKNEY, LEICESTER, LE8 8TE - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PENCLOSE ROAD is a midsized extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £249,950 in December 2023, which was around 47% below the average December 2023 detached price in the Harborough local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

1 PENCLOSE ROAD Sold Prices

Land registry data shows two sales for 1 PENCLOSE 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 Harborough local authority area for the corresponding sale date. Both of the two 1 PENCLOSE ROAD 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
2023 20 DEC	£249,950	£468,980	47% below HPI
2001 9 NOV	£99,500	£149,959	34% below HPI

1 PENCLOSE ROAD 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 two 1 PENCLOSE ROAD sales from November 2001 and December 2023 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 November 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 1 PENCLOSE ROAD?

1 PENCLOSE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses by size in Fleckney, and where 1 PENCLOSE ROAD lies on this distribution: 40% of detached houses are smaller than 1 PENCLOSE ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

1 PENCLOSE ROAD: Plot and Title Map

1 PENCLOSE ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 1 PENCLOSE 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 1 PENCLOSE 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 1 PENCLOSE ROAD?

1 PENCLOSE ROAD is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 1 on PENCLOSE ROAD.