18, RUSSET CLOSE, MARKET HARBOROUGH, LE16 7JA - £268,000

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

18 RUSSET CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £268,000 in March 2021, which was around 34% below the average March 2021 detached price in the Harborough local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

18 RUSSET CLOSE Sold Prices

Land registry data shows two sales for 18 RUSSET 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 18 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
2021 18 MAR	£268,000	£403,671	34% below HPI
2013 4 JUL	£182,000	£266,502	32% below HPI

18 RUSSET 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 18 RUSSET CLOSE sales from July 2013 and March 2021 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 July 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 18 RUSSET CLOSE be worth now?

18 RUSSET CLOSE might now be worth an estimated £327,203.

This is based on house price inflation of 22.1%, between March 2021 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 22.1% inflationary increase is applied to the most recent sale price for 18 RUSSET CLOSE of £268,000 on 18th March 2021. For the value to have increased from £268,000 to £327,203 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 18 RUSSET CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2021 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RUSSET CLOSE has not materially changed since March 2021.

How Large is 18 RUSSET CLOSE?

18 RUSSET CLOSE is 78m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 18 RUSSET CLOSE lies on this distribution: 9% of detached houses houses are smaller than 18 RUSSET CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

18 RUSSET CLOSE: Plot and Title Map

18 RUSSET CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 18 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 18 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 18 RUSSET CLOSE?

18 RUSSET CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 18 on RUSSET CLOSE.