8, TEALBY CLOSE, GILMORTON, LUTTERWORTH, LE17 5PT - £450,000

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.

8 TEALBY CLOSE is a small detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £482,635. It was last sold for £450,000 in August 2023, which was around 1% below the average August 2023 detached price in the Harborough local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

8 TEALBY CLOSE Sold Prices

Land registry data shows two sales for 8 TEALBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 8 TEALBY 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
2023 25 AUG	£450,000	£452,538	1% below HPI
2022 13 MAY	£445,000	£447,507	1% below HPI

8 TEALBY 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 two 8 TEALBY CLOSE sales from May 2022 and August 2023 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 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, which was also at 1% below the HPI.

What might 8 TEALBY CLOSE be worth now?

8 TEALBY CLOSE might now be worth an estimated £482,635.

This is based on house price inflation of 7.3%, between August 2023 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 7.3% inflationary increase is applied to the most recent sale price for 8 TEALBY CLOSE of £450,000 on 25th August 2023. For the value to have increased from £450,000 to £482,635 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 8 TEALBY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TEALBY CLOSE has not materially changed since August 2023.

How Large is 8 TEALBY CLOSE?

8 TEALBY CLOSE is 134m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilmorton, and where 8 TEALBY CLOSE lies on this distribution: 40% of detached houses houses are smaller than 8 TEALBY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

8 TEALBY CLOSE: Plot and Title Map

8 TEALBY CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 8 TEALBY 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 8 TEALBY 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 8 TEALBY CLOSE?

8 TEALBY CLOSE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 8 on TEALBY CLOSE.