1, TELLIS PLACE, MEASHAM, SWADLINCOTE, DE12 7GZ - £165,000

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 TELLIS PLACE is a very small semi-detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £180,412. It was last sold for £165,000 in May 2022, which was around 26% below the average May 2022 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

1 TELLIS PLACE Sold Prices

Land registry data shows five sales for 1 TELLIS PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the five 1 TELLIS PLACE 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
2022 23 MAY	£165,000	£224,198	26% below HPI
2018 7 DEC	£139,950	£186,037	25% below HPI
2006 15 AUG	£125,000	£147,711	15% below HPI
2004 29 APR	£105,000	£118,462	11% below HPI
2002 1 MAR	£59,950	£76,235	21% below HPI

1 TELLIS PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five 1 TELLIS PLACE sales between March 2002 and May 2022 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 December 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 TELLIS PLACE be worth now?

1 TELLIS PLACE might now be worth an estimated £180,412.

This is based on house price inflation of 9.3%, between May 2022 and February 2025, for semi-detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 1 TELLIS PLACE of £165,000 on 23rd May 2022. For the value to have increased from £165,000 to £180,412 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 TELLIS PLACE has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The May 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TELLIS PLACE has not materially changed since May 2022.

How Large is 1 TELLIS PLACE?

1 TELLIS PLACE is 53m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Measham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Measham, and where 1 TELLIS PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 1 TELLIS PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Measham.

1 TELLIS PLACE: Plot and Title Map

1 TELLIS PLACE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 1 TELLIS PLACE, 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 TELLIS PLACE). 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 TELLIS PLACE?

1 TELLIS PLACE is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 1 on TELLIS PLACE.