23, HOWARD WAY, MARKET HARBOROUGH, LE16 9LD - £320,000

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

23 HOWARD WAY is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £320,000 in December 2021, which was around 26% below the average December 2021 detached price in the Harborough local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

23 HOWARD WAY Sold Prices

Land registry data shows two sales for 23 HOWARD 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 23 HOWARD 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
2021 21 DEC	£320,000	£432,888	26% below HPI
2020 14 FEB	£200,000	£396,403	50% below HPI

23 HOWARD 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 23 HOWARD WAY sales from February 2020 and December 2021 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 2020 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 23 HOWARD WAY be worth now?

23 HOWARD WAY might now be worth an estimated £364,321.

This is based on house price inflation of 13.9%, between December 2021 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 13.9% inflationary increase is applied to the most recent sale price for 23 HOWARD WAY of £320,000 on 21st December 2021. For the value to have increased from £320,000 to £364,321 over the three years to December 2024, the following assumptions must hold true:

• The value of 23 HOWARD WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HOWARD WAY has not materially changed since December 2021.

How Large is 23 HOWARD WAY?

23 HOWARD WAY is 64m² according to the EPC inspection conducted in August 2019. 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 23 HOWARD WAY lies on this distribution: 3% of detached houses houses are smaller than 23 HOWARD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

23 HOWARD WAY: Plot and Title Map

23 HOWARD WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 23 HOWARD 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 23 HOWARD 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 23 HOWARD WAY?

23 HOWARD WAY is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 23 on HOWARD WAY.