3, BISHOP CLOSE, MARKET HARBOROUGH, LE16 9NE - £207,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BISHOP CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £207,000 in December 2012, which was around 28% below the average December 2012 detached price in the Harborough local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

3 BISHOP CLOSE Sold Prices

Land registry data shows three sales for 3 BISHOP 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 BISHOP 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
2012 7 DEC	£207,000	£286,636	28% below HPI
1997 8 AUG	£74,500	£101,053	26% below HPI
1995 24 MAY	£63,000	£86,271	27% below HPI

3 BISHOP 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 BISHOP CLOSE sales between May 1995 and December 2012 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 August 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 BISHOP CLOSE?

3 BISHOP CLOSE is 70m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 3 BISHOP CLOSE lies on this distribution: 6% of detached houses are smaller than 3 BISHOP CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 BISHOP CLOSE: Plot and Title Map

3 BISHOP CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 3 BISHOP 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 BISHOP 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 BISHOP CLOSE?

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