2, ASHLEY WAY, MARKET HARBOROUGH, LE16 7XD - £285,000

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

2 ASHLEY WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £285,000 in May 2017, which was around 17% below the average May 2017 detached price in the Harborough local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 ASHLEY WAY Sold Prices

Land registry data shows two sales for 2 ASHLEY WAY 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 2 ASHLEY WAY 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
2017 12 MAY	£285,000	£342,792	17% below HPI
2001 26 JAN	£99,995	£130,870	24% below HPI

2 ASHLEY WAY 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 2 ASHLEY WAY sales from January 2001 and May 2017 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 January 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 ASHLEY WAY be worth now?

2 ASHLEY WAY might now be worth an estimated £409,754.

This is based on house price inflation of 43.8%, between May 2017 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 43.8% inflationary increase is applied to the most recent sale price for 2 ASHLEY WAY of £285,000 on 12th May 2017. For the value to have increased from £285,000 to £409,754 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 2 ASHLEY WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASHLEY WAY has not materially changed since May 2017.

How Large is 2 ASHLEY WAY?

2 ASHLEY WAY is 99m², which includes three extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 2 ASHLEY WAY lies on this distribution: 27% of detached houses houses are smaller than 2 ASHLEY WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 ASHLEY WAY: Plot and Title Map

2 ASHLEY WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 ASHLEY WAY, 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 2 ASHLEY WAY). 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 2 ASHLEY WAY?

2 ASHLEY WAY is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 2 on ASHLEY WAY.