16, THREE CORNER CLOSE, LUBENHAM, MARKET HARBOROUGH, LE16 9UZ - £335,000

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.

16 THREE CORNER CLOSE is a very small terraced house of 86m², built in 2016, which could now be worth an estimated £365,021. It was last sold for £335,000 in December 2023, which was around 45% above the average December 2023 terraced price in the Harborough local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

16 THREE CORNER CLOSE Sold Prices

Land registry data shows three sales for 16 THREE CORNER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. All of the three 16 THREE CORNER 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
2023 20 DEC	£335,000	£231,019	45% above HPI
2021 20 DEC	£325,000	£223,354	46% above HPI
2019 13 DEC	£300,000	£203,027	48% above HPI

16 THREE CORNER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Harborough local authority area over time, sourced from the HPI. The three 16 THREE CORNER CLOSE sales between December 2019 and December 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 December 2021 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the December 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 16 THREE CORNER CLOSE be worth now?

16 THREE CORNER CLOSE might now be worth an estimated £365,021.

This is based on house price inflation of 9%, between December 2023 and July 2026, for terraced 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 9% inflationary increase is applied to the most recent sale price for 16 THREE CORNER CLOSE of £335,000 on 20th December 2023. For the value to have increased from £335,000 to £365,021 over the three years and five months to July 2026, the following assumptions must hold true:

• The value of 16 THREE CORNER CLOSE has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The December 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THREE CORNER CLOSE has not materially changed since December 2023.

How Large is 16 THREE CORNER CLOSE?

16 THREE CORNER CLOSE is 86m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses houses in Lubenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lubenham, and where 16 THREE CORNER CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 16 THREE CORNER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

16 THREE CORNER CLOSE: Plot and Title Map

16 THREE CORNER CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 16 THREE CORNER 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 16 THREE CORNER 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 16 THREE CORNER CLOSE?

16 THREE CORNER CLOSE is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 16 on THREE CORNER CLOSE.