32, HORSEFAIR CLOSE, MARKET HARBOROUGH, LE16 9QP - £179,500

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

32 HORSEFAIR CLOSE is a very small detached house of 49m², built sometime between 1950 and 1966. It was last sold for £179,500 in August 2015, which was around 43% below the average August 2015 detached price in the Harborough local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

32 HORSEFAIR CLOSE Sold Prices

Land registry data shows two sales for 32 HORSEFAIR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 32 HORSEFAIR 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
2015 3 AUG	£179,500	£314,984	43% below HPI
2006 9 NOV	£189,950	£260,012	27% below HPI

32 HORSEFAIR 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 two 32 HORSEFAIR CLOSE sales from November 2006 and August 2015 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 32 HORSEFAIR CLOSE be worth now?

32 HORSEFAIR CLOSE might now be worth an estimated £280,857.

This is based on house price inflation of 56.5%, between August 2015 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 56.5% inflationary increase is applied to the most recent sale price for 32 HORSEFAIR CLOSE of £179,500 on 3rd August 2015. For the value to have increased from £179,500 to £280,857 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 32 HORSEFAIR CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2015 sale price of £179,500 represented a fair market value for the property.
• The size, condition, and specification of 32 HORSEFAIR CLOSE has not materially changed since August 2015.

How Large is 32 HORSEFAIR CLOSE?

32 HORSEFAIR CLOSE is 49m² according to the EPC inspection conducted in May 2015. 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 32 HORSEFAIR CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 32 HORSEFAIR CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

32 HORSEFAIR CLOSE: Plot and Title Map

32 HORSEFAIR CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 32 HORSEFAIR 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 32 HORSEFAIR 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 32 HORSEFAIR CLOSE?

32 HORSEFAIR CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 32 on HORSEFAIR CLOSE.