14, PENCLOSE ROAD, FLECKNEY, LEICESTER, LE8 8TE - £290,000

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.

14 PENCLOSE ROAD is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £310,253. It was last sold for £290,000 in July 2023, which was around 36% below the average July 2023 detached price in the Harborough local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

14 PENCLOSE ROAD Sold Prices

Land registry data shows two sales for 14 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 14 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 25 JUL	£290,000	£453,673	36% below HPI
1996 4 NOV	£58,000	£86,944	33% below HPI

14 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 14 PENCLOSE ROAD sales from November 1996 and July 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 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 14 PENCLOSE ROAD be worth now?

14 PENCLOSE ROAD might now be worth an estimated £310,253.

This is based on house price inflation of 7%, between July 2023 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 7% inflationary increase is applied to the most recent sale price for 14 PENCLOSE ROAD of £290,000 on 25th July 2023. For the value to have increased from £290,000 to £310,253 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 14 PENCLOSE ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PENCLOSE ROAD has not materially changed since July 2023.

How Large is 14 PENCLOSE ROAD?

14 PENCLOSE ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleckney, and where 14 PENCLOSE ROAD lies on this distribution: 38% of detached houses houses are smaller than 14 PENCLOSE ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

14 PENCLOSE ROAD: Plot and Title Map

14 PENCLOSE ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 14 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 14 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 14 PENCLOSE ROAD?

14 PENCLOSE ROAD is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 14 on PENCLOSE ROAD.