8, WHEAT CLOSE, MARKET HARBOROUGH, LE16 9FP - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WHEAT CLOSE is a very small semi-detached house of 67m², which could now be worth an estimated £265,046. It was last sold for £245,000 in July 2023, which was around 13% below the average July 2023 semi-detached price in the Harborough local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

8 WHEAT CLOSE Sold Prices

Land registry data shows three sales for 8 WHEAT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. All of the three 8 WHEAT 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
2023 14 JUL	£245,000	£282,439	13% below HPI
2023 22 JUN	£245,000	£285,252	14% below HPI
2018 29 JUN	£224,995	£232,892	3% below HPI

8 WHEAT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The three 8 WHEAT CLOSE sales between June 2018 and July 2023 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 June 2023 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 WHEAT CLOSE be worth now?

8 WHEAT CLOSE might now be worth an estimated £265,046.

This is based on house price inflation of 8.2%, between July 2023 and February 2025, for semi-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 8.2% inflationary increase is applied to the most recent sale price for 8 WHEAT CLOSE of £245,000 on 14th July 2023. For the value to have increased from £245,000 to £265,046 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 8 WHEAT CLOSE has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The July 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WHEAT CLOSE has not materially changed since July 2023.

How Large is 8 WHEAT CLOSE?

8 WHEAT CLOSE is 67m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Harborough, and where 8 WHEAT CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 8 WHEAT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

8 WHEAT CLOSE: Plot and Title Map

8 WHEAT CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 8 WHEAT 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 WHEAT 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 WHEAT CLOSE?

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