24, PELLS CLOSE, FLECKNEY, LEICESTER, LE8 8TJ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 PELLS CLOSE is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £306,597. It was last sold for £250,000 in December 2019, which was around 37% below the average December 2019 detached price in the Harborough local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

24 PELLS CLOSE Sold Prices

Land registry data shows three sales for 24 PELLS 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 24 PELLS 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
2019 6 DEC	£250,000	£395,761	37% below HPI
2008 1 MAY	£191,750	£281,944	32% below HPI
2006 8 AUG	£200,000	£264,396	24% below HPI

24 PELLS 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 24 PELLS CLOSE sales between August 2006 and December 2019 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 May 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 24 PELLS CLOSE be worth now?

24 PELLS CLOSE might now be worth an estimated £306,597.

This is based on house price inflation of 22.6%, between December 2019 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 22.6% inflationary increase is applied to the most recent sale price for 24 PELLS CLOSE of £250,000 on 6th December 2019. For the value to have increased from £250,000 to £306,597 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 PELLS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PELLS CLOSE has not materially changed since December 2019.

How Large is 24 PELLS CLOSE?

24 PELLS CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 24 PELLS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 24 PELLS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

24 PELLS CLOSE: Plot and Title Map

24 PELLS CLOSE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 24 PELLS 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 24 PELLS 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 24 PELLS CLOSE?

24 PELLS CLOSE is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 24 on PELLS CLOSE.