2, MADELINE CLOSE, GREAT BOWDEN, MARKET HARBOROUGH, LE16 7HX - £250,000

2 MADELINE CLOSE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £250,000 in September 2022, which was around 51% below the average September 2022 detached price in the Harborough local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 MADELINE CLOSE Sold Prices

Land registry data shows five sales for 2 MADELINE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 2 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
2022 13 SEP	£250,000	£505,117	51% below HPI
2016 15 JUN	£188,000	£333,254	44% below HPI
2009 19 OCT	£129,000	£255,831	50% below HPI
2002 24 MAY	£80,000	£164,633	51% below HPI
1996 4 OCT	£47,500	£90,407	47% below HPI

2 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 five 2 MADELINE CLOSE sales between October 1996 and September 2022 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 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2022 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 2 MADELINE CLOSE?

2 MADELINE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 2 MADELINE CLOSE lies on this distribution: 2% of detached houses are smaller than 2 MADELINE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Bowden.

2 MADELINE CLOSE: Plot and Title Map

2 MADELINE CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 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 2 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 2 MADELINE CLOSE?

2 MADELINE CLOSE is located in GREAT BOWDEN, in the LE16 postcode district. The below map shows the position of No. 2 on MADELINE CLOSE.