34, FORGE CLOSE, FLECKNEY, LEICESTER, LE8 8DA - £170,000

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.

34 FORGE CLOSE is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £315,553. It was last sold for £170,000 in September 2011, which was around 35% below the average September 2011 detached price in the Harborough local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

34 FORGE CLOSE Sold Prices

Land registry data shows three sales for 34 FORGE 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 34 FORGE 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
2011 16 SEP	£170,000	£261,480	35% below HPI
2002 21 JUN	£99,000	£160,456	38% below HPI
1995 6 JAN	£75,450	£89,258	15% below HPI

34 FORGE 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 34 FORGE CLOSE sales between January 1995 and September 2011 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2011 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 34 FORGE CLOSE be worth now?

34 FORGE CLOSE might now be worth an estimated £315,553.

This is based on house price inflation of 85.6%, between September 2011 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 85.6% inflationary increase is applied to the most recent sale price for 34 FORGE CLOSE of £170,000 on 16th September 2011. For the value to have increased from £170,000 to £315,553 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 34 FORGE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 34 FORGE CLOSE has not materially changed since September 2011.

How Large is 34 FORGE CLOSE?

34 FORGE CLOSE is 95m² according to the EPC inspection conducted in May 2011. 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 34 FORGE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 34 FORGE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

34 FORGE CLOSE: Plot and Title Map

34 FORGE CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 34 FORGE 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 34 FORGE 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 34 FORGE CLOSE?

34 FORGE CLOSE is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 34 on FORGE CLOSE.