40, NORBURY CLOSE, MARKET HARBOROUGH, LE16 9BH - £95,000

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.

40 NORBURY CLOSE is a very small semi-detached house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £199,300. It was last sold for £95,000 in January 2009, which was around 34% below the average January 2009 semi-detached price in the Harborough local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was A.

40 NORBURY CLOSE Sold Prices

Land registry data shows five sales for 40 NORBURY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the five 40 NORBURY 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
2009 9 JAN	£95,000	£144,433	34% below HPI
2008 19 DEC	£105,000	£156,592	33% below HPI
2007 20 FEB	£105,000	£172,024	39% below HPI
2003 7 FEB	£76,000	£115,079	34% below HPI
1998 22 MAY	£36,500	£61,247	40% below HPI

40 NORBURY 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 five 40 NORBURY CLOSE sales between May 1998 and January 2009 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 December 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2009 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 40 NORBURY CLOSE be worth now?

40 NORBURY CLOSE might now be worth an estimated £199,300.

This is based on house price inflation of 109.8%, between January 2009 and March 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 109.8% inflationary increase is applied to the most recent sale price for 40 NORBURY CLOSE of £95,000 on 9th January 2009. For the value to have increased from £95,000 to £199,300 over the fifteen years and ten months to March 2025, the following assumptions must hold true:

• The value of 40 NORBURY CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The January 2009 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NORBURY CLOSE has not materially changed since January 2009.

How Large is 40 NORBURY CLOSE?

40 NORBURY CLOSE is 41m² according to the EPC inspection conducted in December 2019. 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 40 NORBURY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 40 NORBURY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

40 NORBURY CLOSE: Plot and Title Map

40 NORBURY CLOSE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 40 NORBURY 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 40 NORBURY 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 40 NORBURY CLOSE?

40 NORBURY CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 40 on NORBURY CLOSE.