2, CHILTERN CLOSE, MARKET HARBOROUGH, LE16 7PL - £245,000

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 CHILTERN CLOSE is a very small detached house of 42m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2021, which was around 39% below the average May 2021 detached price in the Harborough local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

2 CHILTERN CLOSE Sold Prices

Land registry data shows two sales for 2 CHILTERN 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 CHILTERN 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 14 MAY	£245,000	£402,135	39% below HPI
1997 14 MAR	£55,500	£90,541	39% below HPI

2 CHILTERN 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 CHILTERN CLOSE sales from March 1997 and May 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 March 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, which was also at 39% below the HPI.

What might 2 CHILTERN CLOSE be worth now?

2 CHILTERN CLOSE might now be worth an estimated £300,264.

This is based on house price inflation of 22.6%, between May 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 22.6% inflationary increase is applied to the most recent sale price for 2 CHILTERN CLOSE of £245,000 on 14th May 2021. For the value to have increased from £245,000 to £300,264 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 2 CHILTERN CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHILTERN CLOSE has not materially changed since May 2021.

How Large is 2 CHILTERN CLOSE?

2 CHILTERN CLOSE is 42m² according to the EPC inspection conducted in January 2018. 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 CHILTERN CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 CHILTERN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 CHILTERN CLOSE: Plot and Title Map

2 CHILTERN CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 2 CHILTERN 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 CHILTERN 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 CHILTERN CLOSE?

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