49, FORGE CLOSE, FLECKNEY, LEICESTER, LE8 8DA - £124,000

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

49 FORGE CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £124,000 in March 2003, which was around 41% below the average March 2003 detached price in the Harborough local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

49 FORGE CLOSE Sold Prices

Land registry data shows four sales for 49 FORGE 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 49 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
2003 7 MAR	£124,000	£209,203	41% below HPI
2002 1 MAR	£93,950	£155,864	40% below HPI
2000 6 JUN	£74,000	£127,978	42% below HPI
1995 29 SEP	£59,950	£90,386	34% below HPI

49 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 four 49 FORGE CLOSE sales between September 1995 and March 2003 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 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2003 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 49 FORGE CLOSE?

49 FORGE CLOSE is 77m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Fleckney, based on EPC data. The below chart shows the distribution of detached houses by size in Fleckney, and where 49 FORGE CLOSE lies on this distribution: 11% of detached houses are smaller than 49 FORGE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Fleckney.

49 FORGE CLOSE: Plot and Title Map

49 FORGE CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 49 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 49 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 49 FORGE CLOSE?

49 FORGE CLOSE is located in FLECKNEY, in the LE8 postcode district. The below map shows the position of No. 49 on FORGE CLOSE.