2, FOTHERGILL CLOSE, MARKET HARBOROUGH, LE16 7XR - £322,500

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 FOTHERGILL CLOSE is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £322,500 in February 2017, which was around 6% below the average February 2017 detached price in the Harborough local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

2 FOTHERGILL CLOSE Sold Prices

Land registry data shows two sales for 2 FOTHERGILL 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 FOTHERGILL 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 3 FEB	£322,500	£341,853	6% below HPI
2000 29 SEP	£117,000	£134,413	13% below HPI

2 FOTHERGILL 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 FOTHERGILL CLOSE sales from September 2000 and February 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 September 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 FOTHERGILL CLOSE be worth now?

2 FOTHERGILL CLOSE might now be worth an estimated £464,943.

This is based on house price inflation of 44.2%, between February 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 44.2% inflationary increase is applied to the most recent sale price for 2 FOTHERGILL CLOSE of £322,500 on 3rd February 2017. For the value to have increased from £322,500 to £464,943 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 2 FOTHERGILL CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2017 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FOTHERGILL CLOSE has not materially changed since February 2017.

How Large is 2 FOTHERGILL CLOSE?

2 FOTHERGILL CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% 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 FOTHERGILL CLOSE lies on this distribution: 65% of detached houses houses are smaller than 2 FOTHERGILL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 FOTHERGILL CLOSE: Plot and Title Map

2 FOTHERGILL CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 FOTHERGILL 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 FOTHERGILL 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 FOTHERGILL CLOSE?

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