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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 PELLS CLOSE is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £300,000 in January 2024, which was around 35% 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	£461,774	35% below HPI
2014 29 MAY	£173,000	£306,251	44% below HPI
2006 6 FEB	£177,000	£259,170	32% below HPI
2002 11 FEB	£103,000	£151,981	32% 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Fleckney, based on EPC data. The below chart shows the distribution of detached houses by size in Fleckney, and where 40 PELLS CLOSE lies on this distribution: 50% of detached houses are smaller than 40 PELLS CLOSE, and 48% 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.