40, FRESHMAN WAY, MARKET HARBOROUGH, LE16 9GN - £285,000

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.

40 FRESHMAN WAY is a very small semi-detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £304,342. It was last sold for £285,000 in October 2022, which was about the average October 2022 semi-detached price in the Harborough local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

40 FRESHMAN WAY Sold Prices

Land registry data shows five sales for 40 FRESHMAN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. The five 40 FRESHMAN WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2022 3 OCT	£285,000	£286,129	Close to HPI
2020 9 MAR	£227,000	£242,172	6% below HPI
2020 6 MAR	£240,000	£242,172	1% below HPI
2014 7 NOV	£188,000	£189,457	1% below HPI
2012 30 NOV	£188,000	£168,588	12% above HPI

40 FRESHMAN WAY 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 five 40 FRESHMAN WAY sales between November 2012 and October 2022 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 2020 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 FRESHMAN WAY be worth now?

40 FRESHMAN WAY might now be worth an estimated £304,342.

This is based on house price inflation of 6.8%, between October 2022 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 6.8% inflationary increase is applied to the most recent sale price for 40 FRESHMAN WAY of £285,000 on 3rd October 2022. For the value to have increased from £285,000 to £304,342 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 FRESHMAN WAY has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The October 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 40 FRESHMAN WAY has not materially changed since October 2022.

How Large is 40 FRESHMAN WAY?

40 FRESHMAN WAY is 78m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 40 FRESHMAN WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 40 FRESHMAN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

40 FRESHMAN WAY: Plot and Title Map

40 FRESHMAN WAY sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 40 FRESHMAN 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 FRESHMAN 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 FRESHMAN WAY?

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