5, BALMORAL CLOSE, MARKET HARBOROUGH, LE16 8JH - £370,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

5 BALMORAL CLOSE is a very small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £370,000 in February 2024, which was around 20% below the average February 2024 detached price in the Harborough local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 5 BALMORAL 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. All of the four 5 BALMORAL 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
2024 22 FEB	£370,000	£462,436	20% below HPI
2020 7 OCT	£345,000	£440,436	22% below HPI
1999 22 JAN	£100,000	£110,726	10% below HPI
1998 27 MAR	£91,500	£109,918	17% below HPI

5 BALMORAL 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 5 BALMORAL CLOSE sales between March 1998 and February 2024 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 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 BALMORAL CLOSE?

5 BALMORAL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 5 BALMORAL CLOSE lies on this distribution: 20% of detached houses are smaller than 5 BALMORAL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 BALMORAL CLOSE: Plot and Title Map

5 BALMORAL CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 5 BALMORAL 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 5 BALMORAL 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 5 BALMORAL CLOSE?

5 BALMORAL CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 5 on BALMORAL CLOSE.