5, HOPS CLOSE, MARKET HARBOROUGH, LE16 9FS - £450,000

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.

5 HOPS CLOSE is a large detached house of 146m², which could now be worth an estimated £515,996. It was last sold for £450,000 in December 2020, which was around 8% above the average December 2020 detached price in the Harborough local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

5 HOPS CLOSE Sold Prices

Land registry data shows one sale for 5 HOPS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Harborough local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 8 DEC	£450,000	£417,754	8% above HPI

5 HOPS 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 single 5 HOPS CLOSE sale from December 2020 has been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, preceding and following the December 2020 sale, had it maintained the same 8% margin above the HPI (as a percentage) throughout.

What might 5 HOPS CLOSE be worth now?

5 HOPS CLOSE might now be worth an estimated £515,996.

This is based on house price inflation of 14.7%, between December 2020 and March 2025, 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 14.7% inflationary increase is applied to the most recent sale price for 5 HOPS CLOSE of £450,000 on 8th December 2020. For the value to have increased from £450,000 to £515,996 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 5 HOPS CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOPS CLOSE has not materially changed since December 2020.

How Large is 5 HOPS CLOSE?

5 HOPS CLOSE is 146m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 HOPS CLOSE lies on this distribution: 73% of detached houses are smaller than 5 HOPS CLOSE, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 HOPS CLOSE: Plot and Title Map

5 HOPS CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 HOPS 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 HOPS 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 HOPS CLOSE?

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