28, DAVID HOBBS RISE, MARKET HARBOROUGH, LE16 7YE - £427,500

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

28 DAVID HOBBS RISE is a midsized detached house of 117m², built sometime from 2012 onwards. It was last sold for £427,500 in June 2024, which was around 5% below the average June 2024 detached price in the Harborough local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

28 DAVID HOBBS RISE Sold Prices

Land registry data shows three sales for 28 DAVID HOBBS RISE 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 28 DAVID HOBBS RISE 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
2024 21 JUN	£427,500	£451,048	5% below HPI
2020 23 OCT	£380,000	£423,316	10% below HPI
2014 14 NOV	£274,000	£308,303	11% below HPI

28 DAVID HOBBS RISE 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 28 DAVID HOBBS RISE sales between November 2014 and June 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 October 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 28 DAVID HOBBS RISE be worth now?

28 DAVID HOBBS RISE might now be worth an estimated £467,114.

This is based on house price inflation of 9.3%, between June 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 9.3% inflationary increase is applied to the most recent sale price for 28 DAVID HOBBS RISE of £427,500 on 21st June 2024. For the value to have increased from £427,500 to £467,114 over the six months to December 2024, the following assumptions must hold true:

• The value of 28 DAVID HOBBS RISE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2024 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 28 DAVID HOBBS RISE has not materially changed since June 2024.

How Large is 28 DAVID HOBBS RISE?

28 DAVID HOBBS RISE is 117m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% 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 28 DAVID HOBBS RISE lies on this distribution: 43% of detached houses houses are smaller than 28 DAVID HOBBS RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

28 DAVID HOBBS RISE: Plot and Title Map

28 DAVID HOBBS RISE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 28 DAVID HOBBS RISE, 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 28 DAVID HOBBS RISE). 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 28 DAVID HOBBS RISE?

28 DAVID HOBBS RISE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 28 on DAVID HOBBS RISE.