18, TEALBY CLOSE, GILMORTON, LUTTERWORTH, LE17 5PT - £212,000

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.

18 TEALBY CLOSE is a large extended detached house of 155m², built sometime between 1976 and 1982, which could now be worth an estimated £554,622. It was last sold for £212,000 in November 2002, which was around 14% above the average November 2002 detached price in the Harborough local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

18 TEALBY CLOSE Sold Prices

Land registry data shows four sales for 18 TEALBY 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 18 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
2002 1 NOV	£212,000	£185,524	14% above HPI
1998 30 JUN	£145,000	£102,834	41% above HPI
1997 21 FEB	£119,000	£91,132	31% above HPI
1996 5 AUG	£119,000	£87,190	36% above HPI

18 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 four 18 TEALBY CLOSE sales between August 1996 and November 2002 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 June 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2002 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 18 TEALBY CLOSE be worth now?

18 TEALBY CLOSE might now be worth an estimated £554,622.

This is based on house price inflation of 161.6%, between November 2002 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 161.6% inflationary increase is applied to the most recent sale price for 18 TEALBY CLOSE of £212,000 on 1st November 2002. For the value to have increased from £212,000 to £554,622 over the 23 years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 TEALBY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2002 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 18 TEALBY CLOSE has not materially changed since November 2002.

How Large is 18 TEALBY CLOSE?

18 TEALBY CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 18 TEALBY CLOSE lies on this distribution: 61% of detached houses houses are smaller than 18 TEALBY CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

18 TEALBY CLOSE: Plot and Title Map

18 TEALBY CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 18 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 18 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 18 TEALBY CLOSE?

18 TEALBY CLOSE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 18 on TEALBY CLOSE.