31, ARDEN CLOSE, MARKET HARBOROUGH, LE16 7DA - £342,000

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

31 ARDEN CLOSE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £342,000 in August 2022, which was around 25% below the average August 2022 detached price in the Harborough local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

31 ARDEN CLOSE Sold Prices

Land registry data shows four sales for 31 ARDEN 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 31 ARDEN 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
2022 1 AUG	£342,000	£457,316	25% below HPI
2016 10 MAR	£235,000	£339,610	31% below HPI
2003 29 AUG	£153,000	£223,833	32% below HPI
2001 23 JUL	£94,000	£145,785	36% below HPI

31 ARDEN 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 31 ARDEN CLOSE sales between July 2001 and August 2022 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 31 ARDEN CLOSE?

31 ARDEN CLOSE is 79m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 31 ARDEN CLOSE lies on this distribution: 10% of detached houses are smaller than 31 ARDEN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

31 ARDEN CLOSE: Plot and Title Map

31 ARDEN CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 31 ARDEN 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 31 ARDEN 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 31 ARDEN CLOSE?

31 ARDEN CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 31 on ARDEN CLOSE.