12, TURNPIKE CLOSE, MARKET HARBOROUGH, LE16 7TJ - £422,500

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 TURNPIKE CLOSE is a very large detached house of 202m², built sometime between 1996 and 2002. It was last sold for £422,500 in August 2016, which was around 25% above the average August 2016 detached price in the Harborough local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

12 TURNPIKE CLOSE Sold Prices

Land registry data shows two sales for 12 TURNPIKE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 12 TURNPIKE CLOSE sales 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
2016 19 AUG	£422,500	£336,747	25% above HPI
2001 23 MAY	£225,000	£138,836	62% above HPI

12 TURNPIKE 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 two 12 TURNPIKE CLOSE sales from May 2001 and August 2016 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 May 2001 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 12 TURNPIKE CLOSE be worth now?

12 TURNPIKE CLOSE might now be worth an estimated £618,347.

This is based on house price inflation of 46.4%, between August 2016 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 46.4% inflationary increase is applied to the most recent sale price for 12 TURNPIKE CLOSE of £422,500 on 19th August 2016. For the value to have increased from £422,500 to £618,347 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 12 TURNPIKE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2016 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 12 TURNPIKE CLOSE has not materially changed since August 2016.

How Large is 12 TURNPIKE CLOSE?

12 TURNPIKE CLOSE is 202m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% 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 TURNPIKE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 12 TURNPIKE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

12 TURNPIKE CLOSE: Plot and Title Map

12 TURNPIKE CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 12 TURNPIKE 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 TURNPIKE 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 TURNPIKE CLOSE?

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