16, PELLS CLOSE, FLECKNEY, LEICESTER, LE8 8TJ - £193,000

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.

16 PELLS CLOSE is a detached house, which could now be worth an estimated £328,041. It was last sold for £193,000 in November 2007, which was around 31% below the average November 2007 detached price in the Harborough local authority area.

16 PELLS CLOSE Sold Prices

Land registry data shows two sales for 16 PELLS 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 16 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
2007 2 NOV	£193,000	£281,109	31% below HPI
2003 20 FEB	£165,000	£192,708	14% below HPI

What might 16 PELLS CLOSE be worth now?

16 PELLS CLOSE might now be worth an estimated £328,041.

This is based on house price inflation of 70%, between November 2007 and May 2026, 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 70% inflationary increase is applied to the most recent sale price for 16 PELLS CLOSE of £193,000 on 2nd November 2007. For the value to have increased from £193,000 to £328,041 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 16 PELLS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2007 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PELLS CLOSE has not materially changed since November 2007.

Where is 16 PELLS CLOSE?

16 PELLS CLOSE is located in FLECKNEY, in the LE8 postcode district.