7, RIPLEY CLOSE, MARKET HARBOROUGH, LE16 8JB - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RIPLEY CLOSE is a midsized extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £355,000 in December 2019, which was around 14% below the average December 2019 detached price in the Harborough local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

7 RIPLEY CLOSE Sold Prices

Land registry data shows three sales for 7 RIPLEY 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 7 RIPLEY 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
2019 20 DEC	£355,000	£411,767	14% below HPI
2009 17 NOV	£195,000	£262,077	26% below HPI
1997 26 FEB	£78,950	£94,817	17% below HPI

7 RIPLEY 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 7 RIPLEY CLOSE sales between February 1997 and December 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 November 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 RIPLEY CLOSE?

7 RIPLEY CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% 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 7 RIPLEY CLOSE lies on this distribution: 56% of detached houses are smaller than 7 RIPLEY CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

7 RIPLEY CLOSE: Plot and Title Map

7 RIPLEY CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 7 RIPLEY 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 7 RIPLEY 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 7 RIPLEY CLOSE?

7 RIPLEY CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 7 on RIPLEY CLOSE.