12, TELLIS PLACE, MEASHAM, SWADLINCOTE, DE12 7GZ - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 TELLIS PLACE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £160,000 in December 2023, which was around 57% below the average December 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

12 TELLIS PLACE Sold Prices

Land registry data shows two sales for 12 TELLIS PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 12 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
2023 15 DEC	£160,000	£371,178	57% below HPI
2002 27 SEP	£69,332	£150,294	54% below HPI

12 TELLIS PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 12 TELLIS PLACE sales from September 2002 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 September 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2023 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 12 TELLIS PLACE be worth now?

12 TELLIS PLACE might now be worth an estimated £169,340.

This is based on house price inflation of 5.8%, between December 2023 and December 2024, for 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 5.8% inflationary increase is applied to the most recent sale price for 12 TELLIS PLACE of £160,000 on 15th December 2023. For the value to have increased from £160,000 to £169,340 over the one year to December 2024, the following assumptions must hold true:

• The value of 12 TELLIS PLACE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The December 2023 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TELLIS PLACE has not materially changed since December 2023.

How Large is 12 TELLIS PLACE?

12 TELLIS PLACE is 55m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses houses in Measham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Measham, and where 12 TELLIS PLACE lies on this distribution: 1% of detached houses houses are smaller than 12 TELLIS PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Measham.

12 TELLIS PLACE: Plot and Title Map

12 TELLIS PLACE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 12 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 12 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 12 TELLIS PLACE?

12 TELLIS PLACE is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 12 on TELLIS PLACE.