20, MONROE CLOSE, MARKET HARBOROUGH, LE16 7QN - £486,750

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

20 MONROE CLOSE is a very large detached house of 183m², built sometime between 1996 and 2002. It was last sold for £486,750 in December 2017, which was around 32% above the average December 2017 detached price in the Harborough local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

20 MONROE CLOSE Sold Prices

Land registry data shows four sales for 20 MONROE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 20 MONROE 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
2017 12 DEC	£486,750	£368,598	32% above HPI
2014 28 JUL	£395,000	£306,125	29% above HPI
2002 17 SEP	£250,000	£180,548	38% above HPI
2000 30 NOV	£203,000	£134,451	51% above HPI

20 MONROE 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 four 20 MONROE CLOSE sales between November 2000 and December 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 July 2014 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 20 MONROE CLOSE be worth now?

20 MONROE CLOSE might now be worth an estimated £650,822.

This is based on house price inflation of 33.7%, between December 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 33.7% inflationary increase is applied to the most recent sale price for 20 MONROE CLOSE of £486,750 on 12th December 2017. For the value to have increased from £486,750 to £650,822 over the seven years to December 2024, the following assumptions must hold true:

• The value of 20 MONROE CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2017 sale price of £486,750 represented a fair market value for the property.
• The size, condition, and specification of 20 MONROE CLOSE has not materially changed since December 2017.

How Large is 20 MONROE CLOSE?

20 MONROE CLOSE is 183m² according to the EPC inspection conducted in April 2011. This puts it in the largest 10% 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 20 MONROE CLOSE lies on this distribution: 91% of detached houses houses are smaller than 20 MONROE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

20 MONROE CLOSE: Plot and Title Map

20 MONROE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 20 MONROE 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 20 MONROE 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 20 MONROE CLOSE?

20 MONROE CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 20 on MONROE CLOSE.