5, SHELLAND CLOSE, MARKET HARBOROUGH, LE16 7XT - £460,000

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 SHELLAND CLOSE is a large detached house of 154m², built sometime between 1996 and 2002. It was last sold for £460,000 in April 2019, which was around 19% above the average April 2019 detached price in the Harborough local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

5 SHELLAND CLOSE Sold Prices

Land registry data shows three sales for 5 SHELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 5 SHELLAND 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
2019 8 APR	£460,000	£385,792	19% above HPI
2002 26 JUL	£242,000	£168,640	44% above HPI
2001 24 APR	£183,787	£137,781	33% above HPI

5 SHELLAND 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 three 5 SHELLAND CLOSE sales between April 2001 and April 2019 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 July 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 SHELLAND CLOSE be worth now?

5 SHELLAND CLOSE might now be worth an estimated £587,644.

This is based on house price inflation of 27.7%, between April 2019 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 27.7% inflationary increase is applied to the most recent sale price for 5 SHELLAND CLOSE of £460,000 on 8th April 2019. For the value to have increased from £460,000 to £587,644 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 5 SHELLAND CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The April 2019 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHELLAND CLOSE has not materially changed since April 2019.

How Large is 5 SHELLAND CLOSE?

5 SHELLAND CLOSE is 154m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% 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 SHELLAND CLOSE lies on this distribution: 78% of detached houses houses are smaller than 5 SHELLAND CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 SHELLAND CLOSE: Plot and Title Map

5 SHELLAND CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 5 SHELLAND 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 SHELLAND 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 SHELLAND CLOSE?

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