22, NICHOLS AVENUE, MARKET HARBOROUGH, LE16 7FX - £410,000

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

22 NICHOLS AVENUE is a large detached house of 144m², built in 2019. It was last sold for £410,000 in March 2024, which was around 7% below the average March 2024 detached price in the Harborough local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was A.

22 NICHOLS AVENUE Sold Prices

Land registry data shows two sales for 22 NICHOLS AVENUE 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. One of the two 22 NICHOLS AVENUE sales was for below the average price, whilst the other was 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
2024 14 MAR	£410,000	£440,716	7% below HPI
2019 20 DEC	£10,363,530	£395,761	2519% above HPI

22 NICHOLS AVENUE 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 22 NICHOLS AVENUE sales from December 2019 and March 2024 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 December 2019 sale was for 2519% above the HPI. So the extrapolation line tracks at 2519% above the HPI over time, until the March 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 22 NICHOLS AVENUE be worth now?

22 NICHOLS AVENUE might now be worth an estimated £458,495.

This is based on house price inflation of 11.8%, between March 2024 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 11.8% inflationary increase is applied to the most recent sale price for 22 NICHOLS AVENUE of £410,000 on 14th March 2024. For the value to have increased from £410,000 to £458,495 over the three months to December 2024, the following assumptions must hold true:

• The value of 22 NICHOLS AVENUE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2024 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 22 NICHOLS AVENUE has not materially changed since March 2024.

How Large is 22 NICHOLS AVENUE?

22 NICHOLS AVENUE is 144m² according to the EPC inspection conducted in August 2023. This puts it in the largest 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 22 NICHOLS AVENUE lies on this distribution: 71% of detached houses houses are smaller than 22 NICHOLS AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

22 NICHOLS AVENUE: Plot and Title Map

22 NICHOLS AVENUE sits on a plot of roughly 3.0 acres, or 12,078m². The below map shows the location of 22 NICHOLS AVENUE, 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 22 NICHOLS AVENUE). 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 22 NICHOLS AVENUE?

22 NICHOLS AVENUE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 22 on NICHOLS AVENUE.