2, AUSTINS CLOSE, MARKET HARBOROUGH, LE16 9BJ - £328,000

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

2 AUSTINS CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £328,000 in January 2022, which was around 23% below the average January 2022 detached price in the Harborough local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

2 AUSTINS CLOSE Sold Prices

Land registry data shows six sales for 2 AUSTINS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the six 2 AUSTINS 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
2022 28 JAN	£328,000	£425,060	23% below HPI
2013 15 APR	£172,500	£270,086	36% below HPI
2005 15 AUG	£169,950	£254,615	33% below HPI
2002 8 NOV	£134,000	£185,524	28% below HPI
2000 27 OCT	£82,000	£134,254	39% below HPI
1999 11 JUN	£75,000	£111,849	33% below HPI

2 AUSTINS 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 six 2 AUSTINS CLOSE sales between June 1999 and January 2022 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 April 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 AUSTINS CLOSE be worth now?

2 AUSTINS CLOSE might now be worth an estimated £380,306.

This is based on house price inflation of 15.9%, between January 2022 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 15.9% inflationary increase is applied to the most recent sale price for 2 AUSTINS CLOSE of £328,000 on 28th January 2022. For the value to have increased from £328,000 to £380,306 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 2 AUSTINS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2022 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AUSTINS CLOSE has not materially changed since January 2022.

How Large is 2 AUSTINS CLOSE?

2 AUSTINS CLOSE is 77m² according to the EPC inspection conducted in November 2012. 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 2 AUSTINS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 2 AUSTINS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 AUSTINS CLOSE: Plot and Title Map

2 AUSTINS CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 AUSTINS 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 2 AUSTINS 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 2 AUSTINS CLOSE?

2 AUSTINS CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 2 on AUSTINS CLOSE.