18, NORTHLEIGH GROVE, MARKET HARBOROUGH, LE16 9QX - £425,000

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

18 NORTHLEIGH GROVE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £425,000 in September 2022, which was around 5% below the average September 2022 detached price in the Harborough local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

18 NORTHLEIGH GROVE Sold Prices

Land registry data shows four sales for 18 NORTHLEIGH GROVE 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 18 NORTHLEIGH GROVE 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
2022 23 SEP	£425,000	£447,894	5% below HPI
2005 25 JUL	£247,500	£254,712	3% below HPI
2001 27 NOV	£129,750	£144,130	10% below HPI
1997 22 OCT	£89,950	£99,955	10% below HPI

18 NORTHLEIGH GROVE 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 18 NORTHLEIGH GROVE sales between October 1997 and September 2022 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 18 NORTHLEIGH GROVE be worth now?

18 NORTHLEIGH GROVE might now be worth an estimated £467,652.

This is based on house price inflation of 10%, between September 2022 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 10% inflationary increase is applied to the most recent sale price for 18 NORTHLEIGH GROVE of £425,000 on 23rd September 2022. For the value to have increased from £425,000 to £467,652 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 18 NORTHLEIGH GROVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NORTHLEIGH GROVE has not materially changed since September 2022.

How Large is 18 NORTHLEIGH GROVE?

18 NORTHLEIGH GROVE is 76m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 18 NORTHLEIGH GROVE lies on this distribution: 8% of detached houses houses are smaller than 18 NORTHLEIGH GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

18 NORTHLEIGH GROVE: Plot and Title Map

18 NORTHLEIGH GROVE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 18 NORTHLEIGH GROVE, 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 18 NORTHLEIGH GROVE). 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 18 NORTHLEIGH GROVE?

18 NORTHLEIGH GROVE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 18 on NORTHLEIGH GROVE.