15, ELM DRIVE, MARKET HARBOROUGH, LE16 9DS - £211,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 ELM DRIVE is a midsized detached house of 116m², built sometime between 1967 and 1975. It was last sold for £211,000 in January 2013, which was around 21% below the average January 2013 detached price in the Harborough local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

15 ELM DRIVE Sold Prices

Land registry data shows two sales for 15 ELM DRIVE 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. Both of the two 15 ELM DRIVE 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
2013 11 JAN	£211,000	£267,680	21% below HPI
1995 24 MAR	£65,000	£86,811	25% below HPI

15 ELM DRIVE 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 15 ELM DRIVE sales from March 1995 and January 2013 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 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2013 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 ELM DRIVE be worth now?

15 ELM DRIVE might now be worth an estimated £388,487.

This is based on house price inflation of 84.1%, between January 2013 and December 2024, for detached 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 84.1% inflationary increase is applied to the most recent sale price for 15 ELM DRIVE of £211,000 on 11th January 2013. For the value to have increased from £211,000 to £388,487 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of 15 ELM DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The January 2013 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELM DRIVE has not materially changed since January 2013.

How Large is 15 ELM DRIVE?

15 ELM DRIVE is 116m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Harborough, and where 15 ELM DRIVE lies on this distribution: 43% of detached houses houses are smaller than 15 ELM DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

15 ELM DRIVE: Plot and Title Map

15 ELM DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 15 ELM DRIVE, 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 15 ELM DRIVE). 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 15 ELM DRIVE?

15 ELM DRIVE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 15 on ELM DRIVE.