3, THE FIRS, MARKET HARBOROUGH, LE16 9BW - £360,000

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 THE FIRS is a very large detached house of 168m², built sometime between 1991 and 1995. It was last sold for £360,000 in June 2011, which was around 34% above the average June 2011 detached price in the Harborough local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

3 THE FIRS Sold Prices

Land registry data shows two sales for 3 THE FIRS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 3 THE FIRS 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
2011 1 JUN	£360,000	£268,895	34% above HPI
1998 11 SEP	£153,000	£104,587	46% above HPI

3 THE FIRS 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 two 3 THE FIRS sales from September 1998 and June 2011 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 1998 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2011 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 THE FIRS be worth now?

3 THE FIRS might now be worth an estimated £659,826.

This is based on house price inflation of 83.3%, between June 2011 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 83.3% inflationary increase is applied to the most recent sale price for 3 THE FIRS of £360,000 on 1st June 2011. For the value to have increased from £360,000 to £659,826 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 3 THE FIRS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2011 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE FIRS has not materially changed since June 2011.

How Large is 3 THE FIRS?

3 THE FIRS is 168m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% 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 THE FIRS lies on this distribution: 85% of detached houses houses are smaller than 3 THE FIRS, and 15% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

3 THE FIRS: Plot and Title Map

3 THE FIRS sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 3 THE FIRS, 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 THE FIRS). 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 THE FIRS?

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