24, FERN LEY CLOSE, MARKET HARBOROUGH, LE16 8FY - £700,000

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

24 FERN LEY CLOSE is a very large extended detached house of 201m², built sometime between 1996 and 2002. It was last sold for £700,000 in February 2024, which was around 60% above the average February 2024 detached price in the Harborough local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

24 FERN LEY CLOSE Sold Prices

Land registry data shows two sales for 24 FERN LEY 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 24 FERN LEY 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
2024 23 FEB	£700,000	£437,039	60% above HPI
2002 20 DEC	£315,000	£188,178	67% above HPI

24 FERN LEY 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 24 FERN LEY CLOSE sales from December 2002 and February 2024 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 December 2002 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the February 2024 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 24 FERN LEY CLOSE be worth now?

24 FERN LEY CLOSE might now be worth an estimated £789,382.

This is based on house price inflation of 12.8%, between February 2024 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 12.8% inflationary increase is applied to the most recent sale price for 24 FERN LEY CLOSE of £700,000 on 23rd February 2024. For the value to have increased from £700,000 to £789,382 over the two months to December 2024, the following assumptions must hold true:

• The value of 24 FERN LEY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2024 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 24 FERN LEY CLOSE has not materially changed since February 2024.

How Large is 24 FERN LEY CLOSE?

24 FERN LEY CLOSE is 201m², which includes two extensions, according to the EPC inspection conducted in June 2023. 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 24 FERN LEY CLOSE lies on this distribution: 95% of detached houses houses are smaller than 24 FERN LEY CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

24 FERN LEY CLOSE: Plot and Title Map

24 FERN LEY CLOSE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 24 FERN LEY 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 24 FERN LEY 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 24 FERN LEY CLOSE?

24 FERN LEY CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 24 on FERN LEY CLOSE.