12, RUSSET CLOSE, MARKET HARBOROUGH, LE16 7JA - £165,000

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

12 RUSSET CLOSE is a very small semi-detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £304,824. It was last sold for £165,000 in November 2013, which was around 2% below the average November 2013 semi-detached price in the Harborough local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 RUSSET CLOSE Sold Prices

Land registry data shows three sales for 12 RUSSET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the three 12 RUSSET 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
2013 29 NOV	£165,000	£168,559	2% below HPI
2006 2 JUN	£140,000	£161,281	13% below HPI
1995 15 DEC	£49,000	£50,517	3% below HPI

12 RUSSET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The three 12 RUSSET CLOSE sales between December 1995 and November 2013 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 June 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 RUSSET CLOSE be worth now?

12 RUSSET CLOSE might now be worth an estimated £304,824.

This is based on house price inflation of 84.7%, between November 2013 and December 2024, for semi-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 84.7% inflationary increase is applied to the most recent sale price for 12 RUSSET CLOSE of £165,000 on 29th November 2013. For the value to have increased from £165,000 to £304,824 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 12 RUSSET CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The November 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RUSSET CLOSE has not materially changed since November 2013.

How Large is 12 RUSSET CLOSE?

12 RUSSET CLOSE is 65m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Harborough, and where 12 RUSSET CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 12 RUSSET CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

12 RUSSET CLOSE: Plot and Title Map

12 RUSSET CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 12 RUSSET 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 RUSSET 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 RUSSET CLOSE?

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