31, RIDGEWAY WEST, MARKET HARBOROUGH, LE16 7LG - £125,000

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.

31 RIDGEWAY WEST is a small extended semi-detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £405,129. It was last sold for £125,000 in June 2002, which was around 33% above the average June 2002 semi-detached price in the Harborough local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

31 RIDGEWAY WEST Sold Prices

Land registry data shows two sales for 31 RIDGEWAY WEST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. One of the two 31 RIDGEWAY WEST sales was for above the average price, whilst the other was 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
2002 27 JUN	£125,000	£94,275	33% above HPI
2000 21 MAR	£72,000	£72,630	1% below HPI

31 RIDGEWAY WEST Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The two 31 RIDGEWAY WEST sales from March 2000 and June 2002 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 March 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2002 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 31 RIDGEWAY WEST be worth now?

31 RIDGEWAY WEST might now be worth an estimated £405,129.

This is based on house price inflation of 224.1%, between June 2002 and February 2025, for semi-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 224.1% inflationary increase is applied to the most recent sale price for 31 RIDGEWAY WEST of £125,000 on 27th June 2002. For the value to have increased from £125,000 to £405,129 over the 23 years and four months to February 2025, the following assumptions must hold true:

• The value of 31 RIDGEWAY WEST has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The June 2002 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RIDGEWAY WEST has not materially changed since June 2002.

How Large is 31 RIDGEWAY WEST?

31 RIDGEWAY WEST is 96m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of semi-detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Harborough, and where 31 RIDGEWAY WEST lies on this distribution: 23% of semi-detached houses houses are smaller than 31 RIDGEWAY WEST, and 75% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

31 RIDGEWAY WEST: Plot and Title Map

31 RIDGEWAY WEST sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 31 RIDGEWAY WEST, 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 RIDGEWAY WEST). 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 RIDGEWAY WEST?

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