24, MAIN STREET, MEDBOURNE, MARKET HARBOROUGH, LE16 8DT - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 MAIN STREET is a very small extended detached house of 108m², built sometime before 1900, which could now be worth an estimated £528,630. It was last sold for £455,000 in December 2020, which was around 9% above the average December 2020 detached price in the Harborough local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was D.

24 MAIN STREET Sold Prices

Land registry data shows four sales for 24 MAIN STREET 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 24 MAIN STREET 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
2020 10 DEC	£455,000	£417,754	9% above HPI
2017 7 APR	£350,000	£340,711	3% above HPI
2002 13 MAY	£195,000	£158,234	23% above HPI
1998 18 JUN	£117,500	£102,834	14% above HPI

24 MAIN STREET 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 24 MAIN STREET sales between June 1998 and December 2020 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 April 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 24 MAIN STREET be worth now?

24 MAIN STREET might now be worth an estimated £528,630.

This is based on house price inflation of 16.2%, between December 2020 and February 2025, 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 16.2% inflationary increase is applied to the most recent sale price for 24 MAIN STREET of £455,000 on 10th December 2020. For the value to have increased from £455,000 to £528,630 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 MAIN STREET has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2020 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MAIN STREET has not materially changed since December 2020.

How Large is 24 MAIN STREET?

24 MAIN STREET is 108m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Medbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medbourne, and where 24 MAIN STREET lies on this distribution: 8% of detached houses houses are smaller than 24 MAIN STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Medbourne.

24 MAIN STREET: Plot and Title Map

24 MAIN STREET sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 24 MAIN STREET, 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 24 MAIN STREET). 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 24 MAIN STREET?

24 MAIN STREET is located in MEDBOURNE, in the LE16 postcode district. The below map shows the position of No. 24 on MAIN STREET.