3, STOCKWELL CLOSE, MARKET HARBOROUGH, LE16 7XF - £255,000

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 STOCKWELL CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £255,000 in January 2024, which was around 42% below the average January 2024 detached price in the Harborough local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 STOCKWELL CLOSE Sold Prices

Land registry data shows three sales for 3 STOCKWELL 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 STOCKWELL 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
2024 19 JAN	£255,000	£437,748	42% below HPI
2004 27 MAY	£181,000	£229,278	21% below HPI
2000 30 JUN	£80,300	£123,003	35% below HPI

3 STOCKWELL 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 STOCKWELL CLOSE sales between June 2000 and January 2024 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 May 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 3 STOCKWELL CLOSE be worth now?

3 STOCKWELL CLOSE might now be worth an estimated £287,095.

This is based on house price inflation of 12.6%, between January 2024 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 12.6% inflationary increase is applied to the most recent sale price for 3 STOCKWELL CLOSE of £255,000 on 19th January 2024. For the value to have increased from £255,000 to £287,095 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 STOCKWELL CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2024 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STOCKWELL CLOSE has not materially changed since January 2024.

How Large is 3 STOCKWELL CLOSE?

3 STOCKWELL CLOSE is 72m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 STOCKWELL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 3 STOCKWELL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 STOCKWELL CLOSE: Plot and Title Map

3 STOCKWELL CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 3 STOCKWELL 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 STOCKWELL 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 STOCKWELL CLOSE?

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