11, NORBURY CLOSE, MARKET HARBOROUGH, LE16 9BH - £161,250

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

11 NORBURY CLOSE is a very small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £161,250 in December 2012, which was around 41% below the average December 2012 detached price in the Harborough local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

11 NORBURY CLOSE Sold Prices

Land registry data shows three sales for 11 NORBURY 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 Harborough local authority area for the corresponding sale date. All of the three 11 NORBURY 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
2012 20 DEC	£161,250	£275,495	41% below HPI
2002 11 JUL	£137,950	£168,640	18% below HPI
2001 23 AUG	£96,000	£141,389	32% below HPI

11 NORBURY 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 three 11 NORBURY CLOSE sales between August 2001 and December 2012 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 July 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 11 NORBURY CLOSE be worth now?

11 NORBURY CLOSE might now be worth an estimated £288,467.

This is based on house price inflation of 78.9%, between December 2012 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 78.9% inflationary increase is applied to the most recent sale price for 11 NORBURY CLOSE of £161,250 on 20th December 2012. For the value to have increased from £161,250 to £288,467 over the twelve years to December 2024, the following assumptions must hold true:

• The value of 11 NORBURY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2012 sale price of £161,250 represented a fair market value for the property.
• The size, condition, and specification of 11 NORBURY CLOSE has not materially changed since December 2012.

How Large is 11 NORBURY CLOSE?

11 NORBURY CLOSE is 87m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% 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 11 NORBURY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 11 NORBURY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

11 NORBURY CLOSE: Plot and Title Map

11 NORBURY CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 11 NORBURY 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 11 NORBURY 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 11 NORBURY CLOSE?

11 NORBURY CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 11 on NORBURY CLOSE.