3, PELLS CLOSE, FLECKNEY, LEICESTER, LE8 8TJ - £260,000

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

3 PELLS CLOSE is a midsized extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £309,555. It was last sold for £260,000 in June 2021, which was around 36% below the average June 2021 detached price in the Harborough local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

3 PELLS CLOSE Sold Prices

Land registry data shows three sales for 3 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 3 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
2021 25 JUN	£260,000	£407,659	36% below HPI
2021 25 MAR	£260,000	£403,671	36% below HPI
2004 5 NOV	£135,000	£246,100	45% below HPI

3 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 3 PELLS CLOSE sales between November 2004 and June 2021 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 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, which was also at 36% below the HPI.

What might 3 PELLS CLOSE be worth now?

3 PELLS CLOSE might now be worth an estimated £309,555.

This is based on house price inflation of 19.1%, between June 2021 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 19.1% inflationary increase is applied to the most recent sale price for 3 PELLS CLOSE of £260,000 on 25th June 2021. For the value to have increased from £260,000 to £309,555 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PELLS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PELLS CLOSE has not materially changed since June 2021.

How Large is 3 PELLS CLOSE?

3 PELLS CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 3 PELLS CLOSE lies on this distribution: 46% of detached houses houses are smaller than 3 PELLS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

3 PELLS CLOSE: Plot and Title Map

3 PELLS CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 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 3 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 3 PELLS CLOSE?

3 PELLS CLOSE is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 3 on PELLS CLOSE.