15, TEALBY CLOSE, GILMORTON, LUTTERWORTH, LE17 5PT - £340,000

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.

15 TEALBY CLOSE is a midsized detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £634,668. It was last sold for £340,000 in November 2006, which was around 31% above the average November 2006 detached price in the Harborough local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

15 TEALBY CLOSE Sold Prices

Land registry data shows three sales for 15 TEALBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 15 TEALBY CLOSE sales were for above 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
2006 30 NOV	£340,000	£260,012	31% above HPI
2003 5 DEC	£293,000	£214,581	37% above HPI
1998 1 OCT	£158,000	£104,574	51% above HPI

15 TEALBY 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 three 15 TEALBY CLOSE sales between October 1998 and November 2006 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 2003 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2006 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 15 TEALBY CLOSE be worth now?

15 TEALBY CLOSE might now be worth an estimated £634,668.

This is based on house price inflation of 86.7%, between November 2006 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 86.7% inflationary increase is applied to the most recent sale price for 15 TEALBY CLOSE of £340,000 on 30th November 2006. For the value to have increased from £340,000 to £634,668 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 TEALBY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2006 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TEALBY CLOSE has not materially changed since November 2006.

How Large is 15 TEALBY CLOSE?

15 TEALBY CLOSE is 139m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilmorton, and where 15 TEALBY CLOSE lies on this distribution: 50% of detached houses houses are smaller than 15 TEALBY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

15 TEALBY CLOSE: Plot and Title Map

15 TEALBY CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 15 TEALBY 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 15 TEALBY 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 15 TEALBY CLOSE?

15 TEALBY CLOSE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 15 on TEALBY CLOSE.