14, TEASEL CLOSE, NARBOROUGH, LEICESTER, LE19 3DZ - £259,950

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 TEASEL CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £330,420. It was last sold for £259,950 in August 2018, which was around 15% below the average August 2018 detached price in the Blaby local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

14 TEASEL CLOSE Sold Prices

Land registry data shows two sales for 14 TEASEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 14 TEASEL 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
2018 17 AUG	£259,950	£307,022	15% below HPI
2014 24 MAR	£181,000	£228,725	21% below HPI

14 TEASEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 14 TEASEL CLOSE sales from March 2014 and August 2018 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 March 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 TEASEL CLOSE be worth now?

14 TEASEL CLOSE might now be worth an estimated £330,420.

This is based on house price inflation of 27.1%, between August 2018 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.1% inflationary increase is applied to the most recent sale price for 14 TEASEL CLOSE of £259,950 on 17th August 2018. For the value to have increased from £259,950 to £330,420 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 14 TEASEL CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The August 2018 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 14 TEASEL CLOSE has not materially changed since August 2018.

How Large is 14 TEASEL CLOSE?

14 TEASEL CLOSE is 71m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 14 TEASEL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 14 TEASEL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Narborough.

14 TEASEL CLOSE: Plot and Title Map

14 TEASEL CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 14 TEASEL 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 TEASEL 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 TEASEL CLOSE?

14 TEASEL CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 14 on TEASEL CLOSE.