5, RILEY CLOSE, MARKET HARBOROUGH, LE16 9FF - £515,000

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 RILEY CLOSE is a large detached house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £671,498. It was last sold for £515,000 in October 2018, which was around 36% above the average October 2018 detached price in the Harborough local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 RILEY CLOSE Sold Prices

Land registry data shows two sales for 5 RILEY 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 RILEY CLOSE sales were for above 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 22 OCT	£515,000	£377,983	36% above HPI
2000 30 JUN	£194,950	£123,003	58% above HPI

5 RILEY 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 RILEY CLOSE sales from June 2000 and October 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 June 2000 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the October 2018 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 5 RILEY CLOSE be worth now?

5 RILEY CLOSE might now be worth an estimated £671,498.

This is based on house price inflation of 30.4%, between October 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 30.4% inflationary increase is applied to the most recent sale price for 5 RILEY CLOSE of £515,000 on 22nd October 2018. For the value to have increased from £515,000 to £671,498 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 RILEY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RILEY CLOSE has not materially changed since October 2018.

How Large is 5 RILEY CLOSE?

5 RILEY CLOSE is 140m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% 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 RILEY CLOSE lies on this distribution: 68% of detached houses houses are smaller than 5 RILEY CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 RILEY CLOSE: Plot and Title Map

5 RILEY CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 5 RILEY 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 RILEY 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 RILEY CLOSE?

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