3, THATCH MEADOW DRIVE, MARKET HARBOROUGH, LE16 7XH - £385,000

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 THATCH MEADOW DRIVE is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £385,000 in March 2023, which was around 15% below the average March 2023 detached price in the Harborough local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

3 THATCH MEADOW DRIVE Sold Prices

Land registry data shows five sales for 3 THATCH MEADOW 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. Most of the five 3 THATCH MEADOW 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
2023 3 MAR	£385,000	£450,311	15% below HPI
2006 16 OCT	£225,000	£264,355	15% below HPI
2001 4 OCT	£154,950	£142,221	9% above HPI
2000 14 SEP	£116,500	£134,413	13% below HPI
1999 2 JUL	£115,000	£114,129	1% above HPI

3 THATCH MEADOW 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 THATCH MEADOW DRIVE sales between July 1999 and March 2023 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2023 sale, which was also at 15% below the HPI.

What might 3 THATCH MEADOW DRIVE be worth now?

3 THATCH MEADOW DRIVE might now be worth an estimated £421,364.

This is based on house price inflation of 9.4%, between March 2023 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 9.4% inflationary increase is applied to the most recent sale price for 3 THATCH MEADOW DRIVE of £385,000 on 3rd March 2023. For the value to have increased from £385,000 to £421,364 over the three months to December 2024, the following assumptions must hold true:

• The value of 3 THATCH MEADOW DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THATCH MEADOW DRIVE has not materially changed since March 2023.

How Large is 3 THATCH MEADOW DRIVE?

3 THATCH MEADOW DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 3 THATCH MEADOW DRIVE lies on this distribution: 57% of detached houses houses are smaller than 3 THATCH MEADOW DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 THATCH MEADOW DRIVE: Plot and Title Map

3 THATCH MEADOW DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 THATCH MEADOW 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 THATCH MEADOW 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 THATCH MEADOW DRIVE?

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