13, MONROE CLOSE, MARKET HARBOROUGH, LE16 7QN - £242,000

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

13 MONROE CLOSE is a very large extended detached house of 179m², built sometime between 1996 and 2002. It was last sold for £242,000 in January 2002, which was around 65% above the average January 2002 detached price in the Harborough local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

13 MONROE CLOSE Sold Prices

Land registry data shows two sales for 13 MONROE 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 13 MONROE 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
2002 4 JAN	£242,000	£146,996	65% above HPI
2000 14 JUN	£195,000	£123,003	59% above HPI

13 MONROE 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 13 MONROE CLOSE sales from June 2000 and January 2002 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 2000 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2002 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 13 MONROE CLOSE be worth now?

13 MONROE CLOSE might now be worth an estimated £811,371.

This is based on house price inflation of 235.3%, between January 2002 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 235.3% inflationary increase is applied to the most recent sale price for 13 MONROE CLOSE of £242,000 on 4th January 2002. For the value to have increased from £242,000 to £811,371 over the 21 years and one month to December 2024, the following assumptions must hold true:

• The value of 13 MONROE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2002 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MONROE CLOSE has not materially changed since January 2002.

How Large is 13 MONROE CLOSE?

13 MONROE CLOSE is 179m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 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 13 MONROE CLOSE lies on this distribution: 89% of detached houses houses are smaller than 13 MONROE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

13 MONROE CLOSE: Plot and Title Map

13 MONROE CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 13 MONROE 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 13 MONROE 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 13 MONROE CLOSE?

13 MONROE CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 13 on MONROE CLOSE.