14, GALE CLOSE, LUTTERWORTH, LE17 4LL - £238,500

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.

14 GALE CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £287,858. It was last sold for £238,500 in May 2021, which was around 41% below the average May 2021 detached price in the Harborough 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.

14 GALE CLOSE Sold Prices

Land registry data shows four sales for 14 GALE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 14 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
2021 14 MAY	£238,500	£402,135	41% below HPI
2018 21 SEP	£208,000	£370,834	44% below HPI
2004 19 NOV	£165,000	£246,100	33% below HPI
1998 6 MAR	£68,500	£105,646	35% below HPI

14 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 four 14 GALE CLOSE sales between March 1998 and May 2021 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 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 14 GALE CLOSE be worth now?

14 GALE CLOSE might now be worth an estimated £287,858.

This is based on house price inflation of 20.7%, between May 2021 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 20.7% inflationary increase is applied to the most recent sale price for 14 GALE CLOSE of £238,500 on 14th May 2021. For the value to have increased from £238,500 to £287,858 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 14 GALE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2021 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 14 GALE CLOSE has not materially changed since May 2021.

How Large is 14 GALE CLOSE?

14 GALE CLOSE is 70m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 14 GALE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 14 GALE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

14 GALE CLOSE: Plot and Title Map

14 GALE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 14 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 14 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 14 GALE CLOSE?

14 GALE CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 14 on GALE CLOSE.