8, MADELINE CLOSE, GREAT BOWDEN, MARKET HARBOROUGH, LE16 7HX - £316,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MADELINE CLOSE is a very small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £316,000 in October 2020, which was around 28% below the average October 2020 detached price in the Harborough local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

8 MADELINE CLOSE Sold Prices

Land registry data shows two sales for 8 MADELINE 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 8 MADELINE 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
2020 2 OCT	£316,000	£440,436	28% below HPI
2013 8 NOV	£167,500	£287,042	42% below HPI

8 MADELINE 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 8 MADELINE CLOSE sales from November 2013 and October 2020 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 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 MADELINE CLOSE?

8 MADELINE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Great Bowden, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bowden, and where 8 MADELINE CLOSE lies on this distribution: 13% of detached houses are smaller than 8 MADELINE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Great Bowden.

8 MADELINE CLOSE: Plot and Title Map

8 MADELINE CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 8 MADELINE 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 MADELINE 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 MADELINE CLOSE?

8 MADELINE CLOSE is located in GREAT BOWDEN, in the LE16 postcode district. The below map shows the position of No. 8 on MADELINE CLOSE.