3, MACHIN DRIVE, BROUGHTON ASTLEY, LEICESTER, LE9 6HP - £181,000

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.

3 MACHIN DRIVE is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £320,249. It was last sold for £181,000 in November 2012, which was around 34% below the average November 2012 detached price in the Harborough local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 MACHIN DRIVE Sold Prices

Land registry data shows five sales for 3 MACHIN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 3 MACHIN DRIVE 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
2012 14 NOV	£181,000	£274,317	34% below HPI
2007 27 SEP	£175,000	£286,951	39% below HPI
2006 29 SEP	£153,595	£265,821	42% below HPI
2006 3 FEB	£156,000	£249,096	37% below HPI
1999 29 APR	£76,000	£106,638	29% below HPI

3 MACHIN DRIVE 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 five 3 MACHIN DRIVE sales between April 1999 and November 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 September 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 MACHIN DRIVE be worth now?

3 MACHIN DRIVE might now be worth an estimated £320,249.

This is based on house price inflation of 76.9%, between November 2012 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 76.9% inflationary increase is applied to the most recent sale price for 3 MACHIN DRIVE of £181,000 on 14th November 2012. For the value to have increased from £181,000 to £320,249 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 MACHIN DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2012 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MACHIN DRIVE has not materially changed since November 2012.

How Large is 3 MACHIN DRIVE?

3 MACHIN DRIVE is 69m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broughton Astley, and where 3 MACHIN DRIVE lies on this distribution: 6% of detached houses houses are smaller than 3 MACHIN DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

3 MACHIN DRIVE: Plot and Title Map

3 MACHIN DRIVE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 3 MACHIN DRIVE, 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 3 MACHIN DRIVE). 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 3 MACHIN DRIVE?

3 MACHIN DRIVE is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 3 on MACHIN DRIVE.