5, CHEVIOT CLOSE, MARKET HARBOROUGH, LE16 9JD - £300,000

5 CHEVIOT CLOSE is a very small detached house of 87m². It was last sold for £300,000 in November 2023, which was around 37% below the average November 2023 detached price in the Harborough local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

5 CHEVIOT CLOSE Sold Prices

Land registry data shows four sales for 5 CHEVIOT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Most of the four 5 CHEVIOT 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 17 NOV	£300,000	£479,004	37% below HPI
2022 19 DEC	£325,000	£488,106	33% below HPI
2018 28 SEP	£258,995	£385,832	33% below HPI
2016 4 MAR	£4,158,000	£339,610	1124% above HPI

5 CHEVIOT 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 four 5 CHEVIOT CLOSE sales between March 2016 and November 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 2022 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 CHEVIOT CLOSE?

5 CHEVIOT CLOSE is 87m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 5 CHEVIOT CLOSE lies on this distribution: 15% of detached houses are smaller than 5 CHEVIOT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 CHEVIOT CLOSE: Plot and Title Map

5 CHEVIOT CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 5 CHEVIOT 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 5 CHEVIOT 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 5 CHEVIOT CLOSE?

5 CHEVIOT CLOSE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 5 on CHEVIOT CLOSE.