46, RYELANDS CLOSE, MARKET HARBOROUGH, LE16 7XE - £220,000

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

46 RYELANDS CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £220,000 in March 2016, which was around 33% below the average March 2016 detached price in the Harborough local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

46 RYELANDS CLOSE Sold Prices

Land registry data shows five sales for 46 RYELANDS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 46 RYELANDS 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
2016 11 MAR	£220,000	£326,410	33% below HPI
2009 20 NOV	£175,000	£251,890	31% below HPI
2006 24 FEB	£185,000	£249,096	26% below HPI
2002 19 APR	£113,000	£153,448	26% below HPI
1999 22 DEC	£84,950	£115,195	26% below HPI

46 RYELANDS 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 five 46 RYELANDS CLOSE sales between December 1999 and March 2016 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 November 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 46 RYELANDS CLOSE be worth now?

46 RYELANDS CLOSE might now be worth an estimated £332,176.

This is based on house price inflation of 51%, between March 2016 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 51% inflationary increase is applied to the most recent sale price for 46 RYELANDS CLOSE of £220,000 on 11th March 2016. For the value to have increased from £220,000 to £332,176 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 46 RYELANDS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 46 RYELANDS CLOSE has not materially changed since March 2016.

How Large is 46 RYELANDS CLOSE?

46 RYELANDS CLOSE is 75m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% 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 46 RYELANDS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 46 RYELANDS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

46 RYELANDS CLOSE: Plot and Title Map

46 RYELANDS CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 46 RYELANDS 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 46 RYELANDS 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 46 RYELANDS CLOSE?

46 RYELANDS CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 46 on RYELANDS CLOSE.