31, RAINSBOROUGH GARDENS, MARKET HARBOROUGH, LE16 9LN - £195,000

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

31 RAINSBOROUGH GARDENS is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £195,000 in August 2012, which was around 27% below the average August 2012 detached price in the Harborough local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

31 RAINSBOROUGH GARDENS Sold Prices

Land registry data shows two sales for 31 RAINSBOROUGH GARDENS 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 31 RAINSBOROUGH GARDENS 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 10 AUG	£195,000	£266,562	27% below HPI
2011 5 AUG	£145,000	£263,901	45% below HPI

31 RAINSBOROUGH GARDENS 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 31 RAINSBOROUGH GARDENS sales from August 2011 and August 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 August 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2012 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 31 RAINSBOROUGH GARDENS be worth now?

31 RAINSBOROUGH GARDENS might now be worth an estimated £360,534.

This is based on house price inflation of 84.9%, between August 2012 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 84.9% inflationary increase is applied to the most recent sale price for 31 RAINSBOROUGH GARDENS of £195,000 on 10th August 2012. For the value to have increased from £195,000 to £360,534 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 31 RAINSBOROUGH GARDENS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2012 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RAINSBOROUGH GARDENS has not materially changed since August 2012.

How Large is 31 RAINSBOROUGH GARDENS?

31 RAINSBOROUGH GARDENS is 65m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% 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 31 RAINSBOROUGH GARDENS lies on this distribution: 4% of detached houses houses are smaller than 31 RAINSBOROUGH GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

31 RAINSBOROUGH GARDENS: Plot and Title Map

31 RAINSBOROUGH GARDENS sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 31 RAINSBOROUGH GARDENS, 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 31 RAINSBOROUGH GARDENS). 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 31 RAINSBOROUGH GARDENS?

31 RAINSBOROUGH GARDENS is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 31 on RAINSBOROUGH GARDENS.