37, SHELLAND CLOSE, MARKET HARBOROUGH, LE16 7XT - £245,000

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.

37 SHELLAND CLOSE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £342,237. It was last sold for £245,000 in October 2017, which was around 12% above the average October 2017 semi-detached price in the Harborough local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

37 SHELLAND CLOSE Sold Prices

Land registry data shows four sales for 37 SHELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the four 37 SHELLAND CLOSE sales 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
2017 6 OCT	£245,000	£218,735	12% above HPI
2006 27 OCT	£174,000	£165,945	5% above HPI
2003 15 APR	£130,000	£119,369	9% above HPI
2001 11 SEP	£91,950	£80,702	14% above HPI

37 SHELLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The four 37 SHELLAND CLOSE sales between September 2001 and October 2017 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 October 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 37 SHELLAND CLOSE be worth now?

37 SHELLAND CLOSE might now be worth an estimated £342,237.

This is based on house price inflation of 39.7%, between October 2017 and February 2025, for semi-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 39.7% inflationary increase is applied to the most recent sale price for 37 SHELLAND CLOSE of £245,000 on 6th October 2017. For the value to have increased from £245,000 to £342,237 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 37 SHELLAND CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The October 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 37 SHELLAND CLOSE has not materially changed since October 2017.

How Large is 37 SHELLAND CLOSE?

37 SHELLAND CLOSE is 74m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Harborough, and where 37 SHELLAND CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 37 SHELLAND CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

37 SHELLAND CLOSE: Plot and Title Map

37 SHELLAND CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 37 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 37 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 37 SHELLAND CLOSE?

37 SHELLAND CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 37 on SHELLAND CLOSE.