38, DRAYTON ROAD, MEDBOURNE, MARKET HARBOROUGH, LE16 8DW - £362,000

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.

38 DRAYTON ROAD is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £398,607. It was last sold for £362,000 in March 2024, which was around 18% below the average March 2024 detached price in the Harborough local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

38 DRAYTON ROAD Sold Prices

Land registry data shows three sales for 38 DRAYTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 38 DRAYTON ROAD 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
2024 26 MAR	£362,000	£440,783	18% below HPI
2003 30 OCT	£147,000	£212,776	31% below HPI
2002 22 MAR	£100,000	£149,806	33% below HPI

38 DRAYTON ROAD 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 three 38 DRAYTON ROAD sales between March 2002 and March 2024 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 DRAYTON ROAD be worth now?

38 DRAYTON ROAD might now be worth an estimated £398,607.

This is based on house price inflation of 10.1%, between March 2024 and February 2025, 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 10.1% inflationary increase is applied to the most recent sale price for 38 DRAYTON ROAD of £362,000 on 26th March 2024. For the value to have increased from £362,000 to £398,607 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 38 DRAYTON ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2024 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 38 DRAYTON ROAD has not materially changed since March 2024.

How Large is 38 DRAYTON ROAD?

38 DRAYTON ROAD is 76m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses houses in Medbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medbourne, and where 38 DRAYTON ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 38 DRAYTON ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Medbourne.

38 DRAYTON ROAD: Plot and Title Map

38 DRAYTON ROAD sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 38 DRAYTON ROAD, 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 38 DRAYTON ROAD). 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 38 DRAYTON ROAD?

38 DRAYTON ROAD is located in MEDBOURNE, in the LE16 postcode district. The below map shows the position of No. 38 on DRAYTON ROAD.