2, FLAXLAND CLOSE, MARKET HARBOROUGH, LE16 8EY - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FLAXLAND CLOSE is a very large extended detached house of 192m², built sometime between 1996 and 2002. It was last sold for £500,000 in March 2024, which was around 7% above the average March 2024 detached price in the Harborough local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

2 FLAXLAND CLOSE Sold Prices

Land registry data shows three sales for 2 FLAXLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 2 FLAXLAND CLOSE sales were for above 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
2024 1 MAR	£500,000	£469,284	7% above HPI
2005 28 OCT	£323,000	£260,478	24% above HPI
1999 4 JUN	£160,000	£116,372	37% above HPI

2 FLAXLAND 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 three 2 FLAXLAND CLOSE sales between June 1999 and March 2024 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 October 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 FLAXLAND CLOSE?

2 FLAXLAND CLOSE is 192m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 2 FLAXLAND CLOSE lies on this distribution: 93% of detached houses are smaller than 2 FLAXLAND CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 FLAXLAND CLOSE: Plot and Title Map

2 FLAXLAND CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 2 FLAXLAND 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 FLAXLAND 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 FLAXLAND CLOSE?

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