7, GALE CLOSE, LUTTERWORTH, LE17 4LL - £250,000

7 GALE CLOSE is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £250,000 in May 2017, which was around 30% below the average May 2017 detached price in the Harborough local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

7 GALE CLOSE Sold Prices

Land registry data shows five sales for 7 GALE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 7 GALE 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
2017 3 MAY	£250,000	£356,655	30% below HPI
2012 29 JUN	£220,000	£271,681	19% below HPI
2006 27 JAN	£205,000	£259,268	21% below HPI
2000 31 JUL	£107,200	£130,274	18% below HPI
1997 5 DEC	£88,000	£107,201	18% below HPI

7 GALE 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 five 7 GALE CLOSE sales between December 1997 and May 2017 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 GALE CLOSE?

7 GALE CLOSE is 129m² according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 7 GALE CLOSE lies on this distribution: 69% of detached houses are smaller than 7 GALE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

7 GALE CLOSE: Plot and Title Map

7 GALE CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 7 GALE 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 7 GALE 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 7 GALE CLOSE?

7 GALE CLOSE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 7 on GALE CLOSE.