18, TURNPIKE CLOSE, MARKET HARBOROUGH, LE16 7TJ - £324,000

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 TURNPIKE CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £324,000 in July 2017, which was around 8% below the average July 2017 detached price in the Harborough local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

18 TURNPIKE CLOSE Sold Prices

Land registry data shows five sales for 18 TURNPIKE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 18 TURNPIKE 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
2017 6 JUL	£324,000	£352,515	8% below HPI
2015 14 AUG	£280,000	£314,984	11% below HPI
2006 27 OCT	£210,000	£264,355	21% below HPI
2001 7 DEC	£125,000	£147,198	15% below HPI
2000 11 OCT	£108,192	£134,254	19% below HPI

18 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 five 18 TURNPIKE CLOSE sales between October 2000 and July 2017 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 August 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 TURNPIKE CLOSE be worth now?

18 TURNPIKE CLOSE might now be worth an estimated £452,978.

This is based on house price inflation of 39.8%, between July 2017 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 39.8% inflationary increase is applied to the most recent sale price for 18 TURNPIKE CLOSE of £324,000 on 6th July 2017. For the value to have increased from £324,000 to £452,978 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 18 TURNPIKE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2017 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 18 TURNPIKE CLOSE has not materially changed since July 2017.

How Large is 18 TURNPIKE CLOSE?

18 TURNPIKE CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 TURNPIKE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 18 TURNPIKE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

18 TURNPIKE CLOSE: Plot and Title Map

18 TURNPIKE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 18 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 18 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 18 TURNPIKE CLOSE?

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