32, SHELLAND CLOSE, MARKET HARBOROUGH, LE16 7XU - £425,000

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

32 SHELLAND CLOSE is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £425,000 in November 2022, which was around 9% below the average November 2022 detached price in the Harborough local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

32 SHELLAND CLOSE Sold Prices

Land registry data shows four sales for 32 SHELLAND 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. two of the four 32 SHELLAND CLOSE sales were for below the average price, and four 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
2022 11 NOV	£425,000	£466,188	9% below HPI
2013 3 JUL	£250,000	£266,502	6% below HPI
2002 1 NOV	£192,500	£185,524	4% above HPI
2001 19 DEC	£155,500	£147,198	6% above HPI

32 SHELLAND 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 32 SHELLAND CLOSE sales between December 2001 and November 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 July 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 32 SHELLAND CLOSE be worth now?

32 SHELLAND CLOSE might now be worth an estimated £449,301.

This is based on house price inflation of 5.7%, between November 2022 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 5.7% inflationary increase is applied to the most recent sale price for 32 SHELLAND CLOSE of £425,000 on 11th November 2022. For the value to have increased from £425,000 to £449,301 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 32 SHELLAND CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SHELLAND CLOSE has not materially changed since November 2022.

How Large is 32 SHELLAND CLOSE?

32 SHELLAND CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% 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 SHELLAND CLOSE lies on this distribution: 50% of detached houses houses are smaller than 32 SHELLAND CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

32 SHELLAND CLOSE: Plot and Title Map

32 SHELLAND CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 32 SHELLAND 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 SHELLAND 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 SHELLAND CLOSE?

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