24, PENCLOSE ROAD, FLECKNEY, LEICESTER, LE8 8TE - £310,000

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.

24 PENCLOSE ROAD is a midsized extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £335,647. It was last sold for £310,000 in October 2023, which was around 31% below the average October 2023 detached price in the Harborough local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

24 PENCLOSE ROAD Sold Prices

Land registry data shows four sales for 24 PENCLOSE ROAD 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 24 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 31 OCT	£310,000	£448,271	31% below HPI
2023 27 OCT	£320,000	£448,271	29% below HPI
2004 17 NOV	£145,000	£246,100	41% below HPI
1999 26 NOV	£69,950	£113,449	38% below HPI

24 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 four 24 PENCLOSE ROAD sales between November 1999 and October 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 October 2023 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 24 PENCLOSE ROAD be worth now?

24 PENCLOSE ROAD might now be worth an estimated £335,647.

This is based on house price inflation of 8.3%, between October 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 8.3% inflationary increase is applied to the most recent sale price for 24 PENCLOSE ROAD of £310,000 on 31st October 2023. For the value to have increased from £310,000 to £335,647 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 PENCLOSE ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PENCLOSE ROAD has not materially changed since October 2023.

How Large is 24 PENCLOSE ROAD?

24 PENCLOSE ROAD is 105m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% 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 PENCLOSE ROAD lies on this distribution: 47% of detached houses houses are smaller than 24 PENCLOSE ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

24 PENCLOSE ROAD: Plot and Title Map

24 PENCLOSE ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 24 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 24 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 24 PENCLOSE ROAD?

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