2, SHELLAND CLOSE, MARKET HARBOROUGH, LE16 7XU - £310,000

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 SHELLAND CLOSE is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £310,000 in July 2013, which was around 16% above the average July 2013 detached price in the Harborough local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

2 SHELLAND CLOSE Sold Prices

Land registry data shows two sales for 2 SHELLAND 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 SHELLAND 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
2013 3 JUL	£310,000	£266,502	16% above HPI
2001 18 MAY	£189,950	£138,836	37% above HPI

2 SHELLAND 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 SHELLAND CLOSE sales from May 2001 and July 2013 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 May 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 SHELLAND CLOSE be worth now?

2 SHELLAND CLOSE might now be worth an estimated £573,285.

This is based on house price inflation of 84.9%, between July 2013 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 84.9% inflationary increase is applied to the most recent sale price for 2 SHELLAND CLOSE of £310,000 on 3rd July 2013. For the value to have increased from £310,000 to £573,285 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 SHELLAND CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2013 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHELLAND CLOSE has not materially changed since July 2013.

How Large is 2 SHELLAND CLOSE?

2 SHELLAND CLOSE is 175m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% 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 SHELLAND CLOSE lies on this distribution: 88% of detached houses houses are smaller than 2 SHELLAND CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 SHELLAND CLOSE: Plot and Title Map

2 SHELLAND CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 SHELLAND 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 SHELLAND 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 SHELLAND CLOSE?

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