5, HORSEFAIR CLOSE, MARKET HARBOROUGH, LE16 9QP - £170,000

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 HORSEFAIR CLOSE is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £170,000 in April 2010, which was around 34% below the average April 2010 detached price in the Harborough local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was C.

5 HORSEFAIR CLOSE Sold Prices

Land registry data shows two sales for 5 HORSEFAIR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 5 HORSEFAIR 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
2010 23 APR	£170,000	£258,929	34% below HPI
1995 1 AUG	£65,000	£87,941	26% below HPI

5 HORSEFAIR 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 two 5 HORSEFAIR CLOSE sales from August 1995 and April 2010 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 August 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2010 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 HORSEFAIR CLOSE be worth now?

5 HORSEFAIR CLOSE might now be worth an estimated £323,577.

This is based on house price inflation of 90.3%, between April 2010 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 90.3% inflationary increase is applied to the most recent sale price for 5 HORSEFAIR CLOSE of £170,000 on 23rd April 2010. For the value to have increased from £170,000 to £323,577 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 5 HORSEFAIR CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2010 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HORSEFAIR CLOSE has not materially changed since April 2010.

How Large is 5 HORSEFAIR CLOSE?

5 HORSEFAIR CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in November 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 5 HORSEFAIR CLOSE lies on this distribution: 6% of detached houses houses are smaller than 5 HORSEFAIR CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 HORSEFAIR CLOSE: Plot and Title Map

5 HORSEFAIR CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 HORSEFAIR 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 HORSEFAIR 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 HORSEFAIR CLOSE?

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