5, BAMBURGH CLOSE, MARKET HARBOROUGH, LE16 8EH - £202,000

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

5 BAMBURGH CLOSE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £270,487. It was last sold for £202,000 in February 2018, which was around 45% below the average February 2018 detached price in the Harborough local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

5 BAMBURGH CLOSE Sold Prices

Land registry data shows four sales for 5 BAMBURGH 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 BAMBURGH 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
2018 2 FEB	£202,000	£368,057	45% below HPI
2005 11 FEB	£150,000	£243,420	38% below HPI
2002 28 FEB	£96,500	£146,073	34% below HPI
1997 22 AUG	£56,000	£97,125	42% below HPI

5 BAMBURGH 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 BAMBURGH CLOSE sales between August 1997 and February 2018 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 February 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 BAMBURGH CLOSE be worth now?

5 BAMBURGH CLOSE might now be worth an estimated £270,487.

This is based on house price inflation of 33.9%, between February 2018 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 33.9% inflationary increase is applied to the most recent sale price for 5 BAMBURGH CLOSE of £202,000 on 2nd February 2018. For the value to have increased from £202,000 to £270,487 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 5 BAMBURGH CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2018 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BAMBURGH CLOSE has not materially changed since February 2018.

How Large is 5 BAMBURGH CLOSE?

5 BAMBURGH CLOSE is 68m² according to the EPC inspection conducted in February 2024. 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 5 BAMBURGH CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 BAMBURGH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 BAMBURGH CLOSE: Plot and Title Map

5 BAMBURGH CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 5 BAMBURGH 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 BAMBURGH 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 BAMBURGH CLOSE?

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