3, FERN LEY CLOSE, MARKET HARBOROUGH, LE16 8FY - £235,000

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 FERN LEY CLOSE is a midsized detached house of 128m², built sometime between 1996 and 2002. It was last sold for £235,000 in February 2011, which was around 15% below the average February 2011 detached price in the Harborough local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

3 FERN LEY CLOSE Sold Prices

Land registry data shows three sales for 3 FERN LEY 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 FERN LEY 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
2011 18 FEB	£235,000	£278,099	15% below HPI
2004 22 SEP	£238,500	£253,642	6% below HPI
2002 28 MAY	£149,950	£164,633	9% below HPI

3 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 three 3 FERN LEY CLOSE sales between May 2002 and February 2011 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 September 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 FERN LEY CLOSE?

3 FERN LEY CLOSE is 128m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% 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 FERN LEY CLOSE lies on this distribution: 55% of detached houses are smaller than 3 FERN LEY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 FERN LEY CLOSE: Plot and Title Map

3 FERN LEY CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 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 3 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 3 FERN LEY CLOSE?

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