2, MUSK CLOSE, GREAT EASTON, MARKET HARBOROUGH, LE16 8TJ - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MUSK CLOSE is a very small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £379,710. It was last sold for £265,000 in December 2015, which was around 21% below the average December 2015 detached price in the Harborough local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 MUSK CLOSE Sold Prices

Land registry data shows two sales for 2 MUSK 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 MUSK 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
2015 4 DEC	£265,000	£334,309	21% below HPI
1997 27 MAR	£80,000	£90,541	12% below HPI

2 MUSK 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 MUSK CLOSE sales from March 1997 and December 2015 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 MUSK CLOSE be worth now?

2 MUSK CLOSE might now be worth an estimated £379,710.

This is based on house price inflation of 43.3%, between December 2015 and March 2025, 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 43.3% inflationary increase is applied to the most recent sale price for 2 MUSK CLOSE of £265,000 on 4th December 2015. For the value to have increased from £265,000 to £379,710 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 MUSK CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MUSK CLOSE has not materially changed since December 2015.

How Large is 2 MUSK CLOSE?

2 MUSK CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Great Easton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Easton, and where 2 MUSK CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 MUSK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Great Easton.

2 MUSK CLOSE: Plot and Title Map

2 MUSK CLOSE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 2 MUSK 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 MUSK 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 MUSK CLOSE?

2 MUSK CLOSE is located in GREAT EASTON, in the LE16 postcode district. The below map shows the position of No. 2 on MUSK CLOSE.