3, DAVIES CLOSE, MARKET HARBOROUGH, LE16 7ND - £350,000

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

3 DAVIES CLOSE is a large detached house of 141m², built sometime between 2003 and 2006. It was last sold for £350,000 in November 2019, which was around 11% below the average November 2019 detached price in the Harborough local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

3 DAVIES CLOSE Sold Prices

Land registry data shows three sales for 3 DAVIES 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. Two of the three 3 DAVIES CLOSE sales were for below the average price, whilst one was 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
2019 15 NOV	£350,000	£394,158	11% below HPI
2016 22 MAR	£315,000	£326,410	3% below HPI
2004 26 FEB	£235,950	£223,627	6% above HPI

3 DAVIES 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 DAVIES CLOSE sales between February 2004 and November 2019 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 March 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 DAVIES CLOSE be worth now?

3 DAVIES CLOSE might now be worth an estimated £437,630.

This is based on house price inflation of 25%, between November 2019 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 25% inflationary increase is applied to the most recent sale price for 3 DAVIES CLOSE of £350,000 on 15th November 2019. For the value to have increased from £350,000 to £437,630 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 DAVIES CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DAVIES CLOSE has not materially changed since November 2019.

How Large is 3 DAVIES CLOSE?

3 DAVIES CLOSE is 141m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% 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 DAVIES CLOSE lies on this distribution: 70% of detached houses houses are smaller than 3 DAVIES CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 DAVIES CLOSE: Plot and Title Map

3 DAVIES CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 DAVIES 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 DAVIES 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 DAVIES CLOSE?

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