16A, DRAYTON ROAD, MEDBOURNE, MARKET HARBOROUGH, LE16 8DW - £470,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16A DRAYTON ROAD is a small detached house of 148m², built sometime between 2003 and 2006, which could now be worth an estimated £538,883. It was last sold for £470,000 in October 2020, which was around 11% above the average October 2020 detached price in the Harborough local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

16A DRAYTON ROAD Sold Prices

Land registry data shows six sales for 16A DRAYTON ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the six 16A DRAYTON ROAD sales were for above 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
2020 15 OCT	£470,000	£423,316	11% above HPI
2019 18 FEB	£455,000	£387,744	17% above HPI
2011 23 SEP	£324,950	£261,480	24% above HPI
2009 12 OCT	£313,500	£245,886	27% above HPI
2006 12 JUL	£298,000	£257,925	16% above HPI
2004 18 OCT	£335,000	£246,831	36% above HPI

16A DRAYTON 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 six 16A DRAYTON ROAD sales between October 2004 and October 2020 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 February 2019 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 16A DRAYTON ROAD be worth now?

16A DRAYTON ROAD might now be worth an estimated £538,883.

This is based on house price inflation of 14.7%, between October 2020 and February 2025, 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 14.7% inflationary increase is applied to the most recent sale price for 16A DRAYTON ROAD of £470,000 on 15th October 2020. For the value to have increased from £470,000 to £538,883 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 16A DRAYTON ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2020 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 16A DRAYTON ROAD has not materially changed since October 2020.

How Large is 16A DRAYTON ROAD?

16A DRAYTON ROAD is 148m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses houses in Medbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medbourne, and where 16A DRAYTON ROAD lies on this distribution: 38% of detached houses houses are smaller than 16A DRAYTON ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Medbourne.

16A DRAYTON ROAD: Plot and Title Map

16A DRAYTON ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 16A DRAYTON 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 16A DRAYTON 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 16A DRAYTON ROAD?

16A DRAYTON ROAD is located in MEDBOURNE, in the LE16 postcode district. The below map shows the position of No. 16A on DRAYTON ROAD.