3, PENCLOSE ROAD, FLECKNEY, LEICESTER, LE8 8TE - £149,000

3 PENCLOSE ROAD is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £149,000 in May 2012, which was around 44% below the average May 2012 detached price in the Harborough local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

3 PENCLOSE ROAD Sold Prices

Land registry data shows two sales for 3 PENCLOSE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 3 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
2012 11 MAY	£149,000	£267,711	44% below HPI
1996 27 SEP	£54,500	£90,475	40% below HPI

3 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 two 3 PENCLOSE ROAD sales from September 1996 and May 2012 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 September 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2012 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 PENCLOSE ROAD?

3 PENCLOSE ROAD is 90m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses by size in Fleckney, and where 3 PENCLOSE ROAD lies on this distribution: 25% of detached houses are smaller than 3 PENCLOSE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

3 PENCLOSE ROAD: Plot and Title Map

3 PENCLOSE ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 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 3 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 3 PENCLOSE ROAD?

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