12, REDLICH CLOSE, MARKET HARBOROUGH, LE16 8EN - £302,500

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

12 REDLICH CLOSE is a very small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £302,500 in June 2019, which was around 24% below the average June 2019 detached price in the Harborough local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

12 REDLICH CLOSE Sold Prices

Land registry data shows six sales for 12 REDLICH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the six 12 REDLICH 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
2019 14 JUN	£302,500	£396,336	24% below HPI
2014 12 DEC	£250,000	£309,592	19% below HPI
2008 11 APR	£208,000	£282,717	26% below HPI
1999 10 DEC	£96,600	£115,195	16% below HPI
1998 14 DEC	£89,500	£105,874	15% below HPI
1997 24 OCT	£82,500	£99,955	17% below HPI

12 REDLICH 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 six 12 REDLICH CLOSE sales between October 1997 and June 2019 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 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 REDLICH CLOSE be worth now?

12 REDLICH CLOSE might now be worth an estimated £376,159.

This is based on house price inflation of 24.4%, between June 2019 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 24.4% inflationary increase is applied to the most recent sale price for 12 REDLICH CLOSE of £302,500 on 14th June 2019. For the value to have increased from £302,500 to £376,159 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 12 REDLICH CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2019 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 12 REDLICH CLOSE has not materially changed since June 2019.

How Large is 12 REDLICH CLOSE?

12 REDLICH CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 12 REDLICH CLOSE lies on this distribution: 19% of detached houses houses are smaller than 12 REDLICH CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

12 REDLICH CLOSE: Plot and Title Map

12 REDLICH CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 12 REDLICH 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 REDLICH 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 REDLICH CLOSE?

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