3, GILBERT CLOSE, MARKET HARBOROUGH, LE16 8FX - £512,000

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 GILBERT CLOSE is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £512,000 in January 2018, which was around 38% above the average January 2018 detached price in the Harborough local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 GILBERT CLOSE Sold Prices

Land registry data shows four sales for 3 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 3 GILBERT 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
2018 18 JAN	£512,000	£371,712	38% above HPI
2013 14 JUN	£329,950	£266,425	24% above HPI
2005 3 JUN	£292,500	£249,937	17% above HPI
2002 16 SEP	£239,950	£180,548	33% above HPI

3 GILBERT 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 four 3 GILBERT CLOSE sales between September 2002 and January 2018 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 June 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 3 GILBERT CLOSE be worth now?

3 GILBERT CLOSE might now be worth an estimated £678,848.

This is based on house price inflation of 32.6%, between January 2018 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 32.6% inflationary increase is applied to the most recent sale price for 3 GILBERT CLOSE of £512,000 on 18th January 2018. For the value to have increased from £512,000 to £678,848 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 3 GILBERT CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2018 sale price of £512,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GILBERT CLOSE has not materially changed since January 2018.

How Large is 3 GILBERT CLOSE?

3 GILBERT CLOSE is 160m² according to the EPC inspection conducted in May 2013. 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 GILBERT CLOSE lies on this distribution: 81% of detached houses houses are smaller than 3 GILBERT CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 GILBERT CLOSE: Plot and Title Map

3 GILBERT CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 3 GILBERT 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 GILBERT 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 GILBERT CLOSE?

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