8, BATES CLOSE, MARKET HARBOROUGH, LE16 7NT - £487,000

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

8 BATES CLOSE is a large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £487,000 in October 2016, which was around 44% above the average October 2016 detached price in the Harborough local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

8 BATES CLOSE Sold Prices

Land registry data shows three sales for 8 BATES 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 8 BATES 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
2016 27 OCT	£487,000	£337,735	44% above HPI
2002 18 NOV	£259,950	£185,524	40% above HPI
1997 10 OCT	£153,450	£99,955	54% above HPI

8 BATES 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 8 BATES CLOSE sales between October 1997 and October 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 November 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2016 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 8 BATES CLOSE be worth now?

8 BATES CLOSE might now be worth an estimated £710,661.

This is based on house price inflation of 45.9%, between October 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 45.9% inflationary increase is applied to the most recent sale price for 8 BATES CLOSE of £487,000 on 27th October 2016. For the value to have increased from £487,000 to £710,661 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 BATES CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2016 sale price of £487,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BATES CLOSE has not materially changed since October 2016.

How Large is 8 BATES CLOSE?

8 BATES CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 8 BATES CLOSE lies on this distribution: 70% of detached houses houses are smaller than 8 BATES CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

8 BATES CLOSE: Plot and Title Map

8 BATES CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 8 BATES 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 8 BATES 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 8 BATES CLOSE?

8 BATES CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 8 on BATES CLOSE.