3, SUMMERS WAY, MARKET HARBOROUGH, LE16 9QE - £327,000

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

3 SUMMERS WAY is a small extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £327,000 in December 2020, which was around 22% below the average December 2020 detached price in the Harborough local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 SUMMERS WAY Sold Prices

Land registry data shows four sales for 3 SUMMERS WAY 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. The four 3 SUMMERS WAY sales were a mix of below the average price, and roughly equal to 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 11 DEC	£327,000	£417,754	22% below HPI
2011 13 MAY	£225,000	£266,688	16% below HPI
2005 27 MAY	£225,000	£245,172	8% below HPI
2001 22 JUN	£140,950	£141,294	Close to HPI

3 SUMMERS 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 four 3 SUMMERS WAY sales between June 2001 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 May 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 SUMMERS WAY be worth now?

3 SUMMERS WAY might now be worth an estimated £385,777.

This is based on house price inflation of 18%, between December 2020 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 18% inflationary increase is applied to the most recent sale price for 3 SUMMERS WAY of £327,000 on 11th December 2020. For the value to have increased from £327,000 to £385,777 over the four years to December 2024, the following assumptions must hold true:

• The value of 3 SUMMERS WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2020 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SUMMERS WAY has not materially changed since December 2020.

How Large is 3 SUMMERS WAY?

3 SUMMERS WAY is 113m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 3 SUMMERS WAY lies on this distribution: 38% of detached houses houses are smaller than 3 SUMMERS WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 SUMMERS WAY: Plot and Title Map

3 SUMMERS WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 SUMMERS 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 3 SUMMERS 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 3 SUMMERS WAY?

3 SUMMERS WAY is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 3 on SUMMERS WAY.