2, RIDGEVIEW, MARKET HARBOROUGH, LE16 7GJ - £400,000

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 RIDGEVIEW is a very large detached house of 178m², built sometime between 1996 and 2002. It was last sold for £400,000 in August 2012, which was around 50% above the average August 2012 detached price in the Harborough local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

2 RIDGEVIEW Sold Prices

Land registry data shows three sales for 2 RIDGEVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 2 RIDGEVIEW 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
2012 31 AUG	£400,000	£266,562	50% above HPI
2009 6 AUG	£375,500	£240,417	56% above HPI
2001 14 FEB	£235,000	£131,239	79% above HPI

2 RIDGEVIEW 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 three 2 RIDGEVIEW sales between February 2001 and August 2012 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 August 2009 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2012 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 2 RIDGEVIEW be worth now?

2 RIDGEVIEW might now be worth an estimated £739,556.

This is based on house price inflation of 84.9%, between August 2012 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 84.9% inflationary increase is applied to the most recent sale price for 2 RIDGEVIEW of £400,000 on 31st August 2012. For the value to have increased from £400,000 to £739,556 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 RIDGEVIEW has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2012 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGEVIEW has not materially changed since August 2012.

How Large is 2 RIDGEVIEW?

2 RIDGEVIEW is 178m² according to the EPC inspection conducted in April 2009. This puts it in the largest 20% 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 RIDGEVIEW lies on this distribution: 89% of detached houses houses are smaller than 2 RIDGEVIEW, and 11% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

2 RIDGEVIEW: Plot and Title Map

2 RIDGEVIEW sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 2 RIDGEVIEW, 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 RIDGEVIEW). 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 RIDGEVIEW?

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