6, TEASEL CLOSE, NARBOROUGH, LEICESTER, LE19 3DZ - £285,000

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.

6 TEASEL CLOSE is a small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £372,435. It was last sold for £285,000 in February 2018, which was around 5% below the average February 2018 detached price in the Blaby local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

6 TEASEL CLOSE Sold Prices

Land registry data shows three sales for 6 TEASEL 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 Blaby local authority area for the corresponding sale date. All of the three 6 TEASEL 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
2018 23 FEB	£285,000	£298,635	5% below HPI
2007 2 NOV	£231,000	£240,113	4% below HPI
1997 30 SEP	£81,000	£84,190	4% below HPI

6 TEASEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 6 TEASEL CLOSE sales between September 1997 and February 2018 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 November 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 6 TEASEL CLOSE be worth now?

6 TEASEL CLOSE might now be worth an estimated £372,435.

This is based on house price inflation of 30.7%, between February 2018 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.7% inflationary increase is applied to the most recent sale price for 6 TEASEL CLOSE of £285,000 on 23rd February 2018. For the value to have increased from £285,000 to £372,435 over the seven years to February 2025, the following assumptions must hold true:

• The value of 6 TEASEL CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 6 TEASEL CLOSE has not materially changed since February 2018.

How Large is 6 TEASEL CLOSE?

6 TEASEL CLOSE is 102m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 6 TEASEL CLOSE lies on this distribution: 37% of detached houses houses are smaller than 6 TEASEL CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Narborough.

6 TEASEL CLOSE: Plot and Title Map

6 TEASEL CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 6 TEASEL 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 6 TEASEL 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 6 TEASEL CLOSE?

6 TEASEL CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 6 on TEASEL CLOSE.