2, TURNPIKE CLOSE, MARKET HARBOROUGH, LE16 7TJ - £480,000

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 TURNPIKE CLOSE is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £480,000 in March 2021, which was around 19% above the average March 2021 detached price in the Harborough local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

2 TURNPIKE CLOSE Sold Prices

Land registry data shows three sales for 2 TURNPIKE 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 TURNPIKE 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
2021 2 MAR	£480,000	£403,671	19% above HPI
2014 7 NOV	£330,000	£308,303	7% above HPI
2000 15 DEC	£164,995	£131,205	26% above HPI

2 TURNPIKE 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 TURNPIKE CLOSE sales between December 2000 and March 2021 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 November 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 TURNPIKE CLOSE be worth now?

2 TURNPIKE CLOSE might now be worth an estimated £586,034.

This is based on house price inflation of 22.1%, between March 2021 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 22.1% inflationary increase is applied to the most recent sale price for 2 TURNPIKE CLOSE of £480,000 on 2nd March 2021. For the value to have increased from £480,000 to £586,034 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 2 TURNPIKE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TURNPIKE CLOSE has not materially changed since March 2021.

How Large is 2 TURNPIKE CLOSE?

2 TURNPIKE CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 TURNPIKE CLOSE lies on this distribution: 57% of detached houses houses are smaller than 2 TURNPIKE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 TURNPIKE CLOSE: Plot and Title Map

2 TURNPIKE CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2 TURNPIKE 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 TURNPIKE 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 TURNPIKE CLOSE?

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