3, HARBOROUGH CLOSE, WHISSENDINE, OAKHAM, LE15 7PB - £317,500

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 HARBOROUGH CLOSE is a small detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £382,375. It was last sold for £317,500 in October 2019, which was around 21% below the average October 2019 detached price in the Rutland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

3 HARBOROUGH CLOSE Sold Prices

Land registry data shows four sales for 3 HARBOROUGH 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 Rutland local authority area for the corresponding sale date. All of the four 3 HARBOROUGH 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
2019 11 OCT	£317,500	£403,970	21% below HPI
2018 23 APR	£330,000	£393,768	16% below HPI
2016 13 AUG	£270,000	£338,701	20% below HPI
2005 17 JUN	£220,000	£251,669	13% below HPI

3 HARBOROUGH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The four 3 HARBOROUGH CLOSE sales between June 2005 and October 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 April 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 HARBOROUGH CLOSE be worth now?

3 HARBOROUGH CLOSE might now be worth an estimated £382,375.

This is based on house price inflation of 20.4%, between October 2019 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 3 HARBOROUGH CLOSE of £317,500 on 11th October 2019. For the value to have increased from £317,500 to £382,375 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 HARBOROUGH CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2019 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HARBOROUGH CLOSE has not materially changed since October 2019.

How Large is 3 HARBOROUGH CLOSE?

3 HARBOROUGH CLOSE is 116m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whissendine, and where 3 HARBOROUGH CLOSE lies on this distribution: 29% of detached houses houses are smaller than 3 HARBOROUGH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

3 HARBOROUGH CLOSE: Plot and Title Map

3 HARBOROUGH CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 3 HARBOROUGH 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 HARBOROUGH 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 HARBOROUGH CLOSE?

3 HARBOROUGH CLOSE is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 3 on HARBOROUGH CLOSE.