5, STRATTON CLOSE, MARKET HARBOROUGH, LE16 9LL - £295,000

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 STRATTON CLOSE is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £295,000 in May 2016, which was around 7% below the average May 2016 detached price in the Harborough local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

5 STRATTON CLOSE Sold Prices

Land registry data shows three sales for 5 STRATTON 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 STRATTON 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
2016 16 MAY	£295,000	£318,684	7% below HPI
2010 14 MAY	£224,000	£259,774	14% below HPI
2001 17 AUG	£129,000	£141,389	9% below HPI

5 STRATTON 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 STRATTON CLOSE sales between August 2001 and May 2016 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 May 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 STRATTON CLOSE be worth now?

5 STRATTON CLOSE might now be worth an estimated £456,217.

This is based on house price inflation of 54.6%, between May 2016 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 54.6% inflationary increase is applied to the most recent sale price for 5 STRATTON CLOSE of £295,000 on 16th May 2016. For the value to have increased from £295,000 to £456,217 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 5 STRATTON CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STRATTON CLOSE has not materially changed since May 2016.

How Large is 5 STRATTON CLOSE?

5 STRATTON CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% 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 STRATTON CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 STRATTON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 STRATTON CLOSE: Plot and Title Map

5 STRATTON CLOSE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 5 STRATTON 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 STRATTON 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 STRATTON CLOSE?

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