1, GORES LANE, MARKET HARBOROUGH, LE16 8AJ - £400,000

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

1 GORES LANE is a small extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £400,000 in April 2024, which was around 17% below the average April 2024 detached price in the Harborough local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

1 GORES LANE Sold Prices

Land registry data shows four sales for 1 GORES LANE 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. All of the four 1 GORES LANE 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
2024 26 APR	£400,000	£481,783	17% below HPI
2021 26 MAR	£335,000	£419,997	20% below HPI
2002 3 MAY	£153,950	£164,633	6% below HPI
1997 19 SEP	£65,000	£102,063	36% below HPI

1 GORES LANE 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 1 GORES LANE sales between September 1997 and April 2024 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 March 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 GORES LANE?

1 GORES LANE is 102m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 1 GORES LANE lies on this distribution: 29% of detached houses are smaller than 1 GORES LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

1 GORES LANE: Plot and Title Map

1 GORES LANE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 1 GORES LANE, 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 1 GORES LANE). 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 1 GORES LANE?

1 GORES LANE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 1 on GORES LANE.