3, ALTHORP CLOSE, MARKET HARBOROUGH, LE16 8EL - £530,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ALTHORP CLOSE is a very large extended detached house of 166m², built sometime between 1991 and 1995, which could now be worth an estimated £650,654. It was last sold for £530,000 in May 2020, which was around 34% above the average May 2020 detached price in the Harborough local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 ALTHORP CLOSE Sold Prices

Land registry data shows three sales for 3 ALTHORP 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 3 ALTHORP 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
2020 29 MAY	£530,000	£395,355	34% above HPI
2016 15 JUL	£490,000	£329,603	49% above HPI
2002 19 JUL	£249,950	£168,640	48% above HPI

3 ALTHORP 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 3 ALTHORP CLOSE sales between July 2002 and May 2020 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 2016 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 ALTHORP CLOSE be worth now?

3 ALTHORP CLOSE might now be worth an estimated £650,654.

This is based on house price inflation of 22.8%, between May 2020 and February 2025, 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 22.8% inflationary increase is applied to the most recent sale price for 3 ALTHORP CLOSE of £530,000 on 29th May 2020. For the value to have increased from £530,000 to £650,654 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 3 ALTHORP CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2020 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ALTHORP CLOSE has not materially changed since May 2020.

How Large is 3 ALTHORP CLOSE?

3 ALTHORP CLOSE is 166m², which includes two extensions, according to the EPC inspection conducted in April 2016. 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 3 ALTHORP CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 ALTHORP CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 ALTHORP CLOSE: Plot and Title Map

3 ALTHORP CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 3 ALTHORP 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 3 ALTHORP 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 3 ALTHORP CLOSE?

3 ALTHORP CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 3 on ALTHORP CLOSE.