2, BISHOP CLOSE, MARKET HARBOROUGH, LE16 9NE - £162,500

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 BISHOP CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £162,500 in December 2009, which was around 36% below the average December 2009 detached price in the Harborough local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

2 BISHOP CLOSE Sold Prices

Land registry data shows two sales for 2 BISHOP 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 2 BISHOP 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
2009 7 DEC	£162,500	£252,188	36% below HPI
1998 6 NOV	£76,000	£102,759	26% below HPI

2 BISHOP 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 2 BISHOP CLOSE sales from November 1998 and December 2009 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 November 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2009 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 BISHOP CLOSE be worth now?

2 BISHOP CLOSE might now be worth an estimated £317,569.

This is based on house price inflation of 95.4%, between December 2009 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 95.4% inflationary increase is applied to the most recent sale price for 2 BISHOP CLOSE of £162,500 on 7th December 2009. For the value to have increased from £162,500 to £317,569 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of 2 BISHOP CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2009 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BISHOP CLOSE has not materially changed since December 2009.

How Large is 2 BISHOP CLOSE?

2 BISHOP CLOSE is 63m² according to the EPC inspection conducted in August 2009. 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 BISHOP CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 BISHOP CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 BISHOP CLOSE: Plot and Title Map

2 BISHOP CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 BISHOP 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 BISHOP 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 BISHOP CLOSE?

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