2, STAMP CLOSE, MARKET HARBOROUGH, LE16 7YF - £385,000

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 STAMP CLOSE is a small detached house of 95m². It was last sold for £385,000 in November 2022, which was around 17% below the average November 2022 detached price in the Harborough local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

2 STAMP CLOSE Sold Prices

Land registry data shows three sales for 2 STAMP 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 STAMP 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
2022 28 NOV	£385,000	£466,188	17% below HPI
2018 31 JUL	£365,000	£373,637	2% below HPI
2013 25 OCT	£249,995	£272,012	8% below HPI

2 STAMP 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 STAMP CLOSE sales between October 2013 and November 2022 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 July 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 STAMP CLOSE be worth now?

2 STAMP CLOSE might now be worth an estimated £407,014.

This is based on house price inflation of 5.7%, between November 2022 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 5.7% inflationary increase is applied to the most recent sale price for 2 STAMP CLOSE of £385,000 on 28th November 2022. For the value to have increased from £385,000 to £407,014 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 STAMP CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STAMP CLOSE has not materially changed since November 2022.

How Large is 2 STAMP CLOSE?

2 STAMP CLOSE is 95m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% 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 STAMP CLOSE lies on this distribution: 22% of detached houses houses are smaller than 2 STAMP CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 STAMP CLOSE: Plot and Title Map

2 STAMP CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 STAMP 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 STAMP 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 STAMP CLOSE?

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