40, ALVINGTON WAY, MARKET HARBOROUGH, LE16 7NF - £480,000

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

40 ALVINGTON WAY is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £480,000 in February 2024, which was around 10% above the average February 2024 detached price in the Harborough local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

40 ALVINGTON WAY Sold Prices

Land registry data shows five sales for 40 ALVINGTON WAY 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. All of the five 40 ALVINGTON WAY 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
2024 16 FEB	£480,000	£437,039	10% above HPI
2022 29 APR	£475,000	£446,524	6% above HPI
2021 26 NOV	£485,000	£428,026	13% above HPI
2013 24 MAY	£320,000	£272,098	18% above HPI
1999 12 AUG	£140,000	£114,663	22% above HPI

40 ALVINGTON WAY 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 40 ALVINGTON WAY sales between August 1999 and February 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 April 2022 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2024 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 40 ALVINGTON WAY be worth now?

40 ALVINGTON WAY might now be worth an estimated £541,291.

This is based on house price inflation of 12.8%, between February 2024 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 12.8% inflationary increase is applied to the most recent sale price for 40 ALVINGTON WAY of £480,000 on 16th February 2024. For the value to have increased from £480,000 to £541,291 over the two months to December 2024, the following assumptions must hold true:

• The value of 40 ALVINGTON WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2024 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ALVINGTON WAY has not materially changed since February 2024.

How Large is 40 ALVINGTON WAY?

40 ALVINGTON WAY is 134m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% 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 40 ALVINGTON WAY lies on this distribution: 62% of detached houses houses are smaller than 40 ALVINGTON WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

40 ALVINGTON WAY: Plot and Title Map

40 ALVINGTON WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 40 ALVINGTON WAY, 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 40 ALVINGTON WAY). 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 40 ALVINGTON WAY?

40 ALVINGTON WAY is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 40 on ALVINGTON WAY.