40, PELLS CLOSE, FLECKNEY, LEICESTER, LE8 8TJ - £300,000

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.

40 PELLS CLOSE is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £328,442. It was last sold for £300,000 in January 2024, which was around 31% below the average January 2024 detached price in the Harborough local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

40 PELLS CLOSE Sold Prices

Land registry data shows four sales for 40 PELLS CLOSE 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 40 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
2024 4 JAN	£300,000	£437,539	31% below HPI
2014 29 MAY	£173,000	£294,346	41% below HPI
2006 6 FEB	£177,000	£249,096	29% below HPI
2002 11 FEB	£103,000	£146,073	29% below HPI

40 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 four 40 PELLS CLOSE sales between February 2002 and January 2024 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 40 PELLS CLOSE be worth now?

40 PELLS CLOSE might now be worth an estimated £328,442.

This is based on house price inflation of 9.5%, between January 2024 and March 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 9.5% inflationary increase is applied to the most recent sale price for 40 PELLS CLOSE of £300,000 on 4th January 2024. For the value to have increased from £300,000 to £328,442 over the ten months to March 2025, the following assumptions must hold true:

• The value of 40 PELLS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PELLS CLOSE has not materially changed since January 2024.

How Large is 40 PELLS CLOSE?

40 PELLS CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 40 PELLS CLOSE lies on this distribution: 49% of detached houses houses are smaller than 40 PELLS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

40 PELLS CLOSE: Plot and Title Map

40 PELLS CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 40 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 40 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 40 PELLS CLOSE?

40 PELLS CLOSE is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 40 on PELLS CLOSE.