12, FERN LEY CLOSE, MARKET HARBOROUGH, LE16 8FY - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 FERN LEY CLOSE is a very small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £365,000 in November 2020, which was around 18% below the average November 2020 detached price in the Harborough local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

12 FERN LEY CLOSE Sold Prices

Land registry data shows three sales for 12 FERN LEY 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 12 FERN LEY 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
2020 26 NOV	£365,000	£444,760	18% below HPI
2015 14 DEC	£299,950	£347,829	14% below HPI
2002 26 JUL	£162,500	£175,460	7% below HPI

12 FERN LEY 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 12 FERN LEY CLOSE sales between July 2002 and November 2020 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 December 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 FERN LEY CLOSE?

12 FERN LEY CLOSE is 93m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 12 FERN LEY CLOSE lies on this distribution: 20% of detached houses are smaller than 12 FERN LEY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

12 FERN LEY CLOSE: Plot and Title Map

12 FERN LEY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 12 FERN LEY 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 12 FERN LEY 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 12 FERN LEY CLOSE?

12 FERN LEY CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 12 on FERN LEY CLOSE.