118, SCOTLAND ROAD, MARKET HARBOROUGH, LE16 8AY - £415,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

118 SCOTLAND ROAD is a very large extended detached house of 205m², built sometime before 1900. It was last sold for £415,000 in May 2019, which was around 2% above the average May 2019 detached price in the Harborough local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

118 SCOTLAND ROAD Sold Prices

Land registry data shows two sales for 118 SCOTLAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. One of the two 118 SCOTLAND ROAD sales was for above the average price, whilst the other was 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
2019 28 MAY	£415,000	£408,200	2% above HPI
2011 1 JUL	£266,000	£277,194	4% below HPI

118 SCOTLAND ROAD 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 two 118 SCOTLAND ROAD sales from July 2011 and May 2019 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 July 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 118 SCOTLAND ROAD?

118 SCOTLAND ROAD is 205m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 10% 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 118 SCOTLAND ROAD lies on this distribution: 95% of detached houses are smaller than 118 SCOTLAND ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

118 SCOTLAND ROAD: Plot and Title Map

118 SCOTLAND ROAD sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of 118 SCOTLAND ROAD, 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 118 SCOTLAND ROAD). 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 118 SCOTLAND ROAD?

118 SCOTLAND ROAD is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 118 on SCOTLAND ROAD.