1, FLAXLAND CLOSE, MARKET HARBOROUGH, LE16 8EY - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FLAXLAND CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £466,884. It was last sold for £290,000 in July 2014, which was around 5% below the average July 2014 detached price in the Harborough local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

1 FLAXLAND CLOSE Sold Prices

Land registry data shows four sales for 1 FLAXLAND 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. two of the four 1 FLAXLAND CLOSE sales were for below the average price, and four were for above 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
2014 1 JUL	£290,000	£306,125	5% below HPI
2007 16 FEB	£267,000	£272,499	2% below HPI
2003 7 FEB	£209,950	£192,708	9% above HPI
2000 11 FEB	£132,950	£122,851	8% above HPI

1 FLAXLAND 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 1 FLAXLAND CLOSE sales between February 2000 and July 2014 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 February 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 FLAXLAND CLOSE be worth now?

1 FLAXLAND CLOSE might now be worth an estimated £466,884.

This is based on house price inflation of 61%, between July 2014 and December 2024, 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 61% inflationary increase is applied to the most recent sale price for 1 FLAXLAND CLOSE of £290,000 on 1st July 2014. For the value to have increased from £290,000 to £466,884 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 FLAXLAND CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FLAXLAND CLOSE has not materially changed since July 2014.

How Large is 1 FLAXLAND CLOSE?

1 FLAXLAND CLOSE is 123m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Harborough, and where 1 FLAXLAND CLOSE lies on this distribution: 49% of detached houses houses are smaller than 1 FLAXLAND CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

1 FLAXLAND CLOSE: Plot and Title Map

1 FLAXLAND CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 1 FLAXLAND 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 1 FLAXLAND 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 1 FLAXLAND CLOSE?

1 FLAXLAND CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 1 on FLAXLAND CLOSE.