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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 SHELLAND CLOSE is a midsized extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £425,000 in June 2022, which was around 8% below the average June 2022 detached price in the Harborough local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

40 SHELLAND CLOSE Sold Prices

Land registry data shows four sales for 40 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. Most of the four 40 SHELLAND 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
2022 13 JUN	£425,000	£462,427	8% below HPI
2013 3 JAN	£250,000	£278,505	10% below HPI
2008 21 MAY	£249,950	£293,346	15% below HPI
2001 30 NOV	£153,500	£149,959	2% above HPI

40 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 40 SHELLAND CLOSE sales between November 2001 and June 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 January 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 40 SHELLAND CLOSE?

40 SHELLAND CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 40 SHELLAND CLOSE lies on this distribution: 52% of detached houses are smaller than 40 SHELLAND CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

40 SHELLAND CLOSE: Plot and Title Map

40 SHELLAND CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 40 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 40 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 40 SHELLAND CLOSE?

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