18, RYELANDS CLOSE, MARKET HARBOROUGH, LE16 7XE - £422,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 RYELANDS CLOSE is a large extended detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £484,455. It was last sold for £422,000 in October 2021, which was about the average October 2021 detached price in the Harborough local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

18 RYELANDS CLOSE Sold Prices

Land registry data shows four sales for 18 RYELANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. The four 18 RYELANDS CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 13 OCT	£422,000	£422,786	Close to HPI
2008 2 JUN	£249,950	£281,795	11% below HPI
2000 20 APR	£117,500	£122,998	4% below HPI
1999 29 SEP	£115,950	£114,111	2% above HPI

18 RYELANDS 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 four 18 RYELANDS CLOSE sales between September 1999 and October 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 June 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 RYELANDS CLOSE be worth now?

18 RYELANDS CLOSE might now be worth an estimated £484,455.

This is based on house price inflation of 14.8%, between October 2021 and February 2025, 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 14.8% inflationary increase is applied to the most recent sale price for 18 RYELANDS CLOSE of £422,000 on 13th October 2021. For the value to have increased from £422,000 to £484,455 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 RYELANDS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2021 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RYELANDS CLOSE has not materially changed since October 2021.

How Large is 18 RYELANDS CLOSE?

18 RYELANDS CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in September 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 18 RYELANDS CLOSE lies on this distribution: 80% of detached houses houses are smaller than 18 RYELANDS CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

18 RYELANDS CLOSE: Plot and Title Map

18 RYELANDS CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 18 RYELANDS 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 RYELANDS 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 RYELANDS CLOSE?

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