4, SELBY CLOSE, MARKET HARBOROUGH, LE16 9NF - £249,000

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

4 SELBY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £249,000 in January 2012, which was around 4% below the average January 2012 detached price in the Harborough local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

4 SELBY CLOSE Sold Prices

Land registry data shows three sales for 4 SELBY 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 4 SELBY 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
2012 16 JAN	£249,000	£258,700	4% below HPI
2003 31 JAN	£174,950	£191,159	8% below HPI
1998 22 MAY	£96,950	£103,667	6% below HPI

4 SELBY 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 4 SELBY CLOSE sales between May 1998 and January 2012 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 January 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2012 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 4 SELBY CLOSE be worth now?

4 SELBY CLOSE might now be worth an estimated £474,365.

This is based on house price inflation of 90.5%, between January 2012 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 90.5% inflationary increase is applied to the most recent sale price for 4 SELBY CLOSE of £249,000 on 16th January 2012. For the value to have increased from £249,000 to £474,365 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of 4 SELBY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2012 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SELBY CLOSE has not materially changed since January 2012.

How Large is 4 SELBY CLOSE?

4 SELBY CLOSE is 86m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 4 SELBY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 4 SELBY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

4 SELBY CLOSE: Plot and Title Map

4 SELBY CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 4 SELBY 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 4 SELBY 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 4 SELBY CLOSE?

4 SELBY CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 4 on SELBY CLOSE.