40, MAIN STREET, MEDBOURNE, MARKET HARBOROUGH, LE16 8DT - £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 MAIN STREET is a very large detached house of 366m², which could now be worth an estimated £603,315. It was last sold for £285,000 in May 2004, which was around 24% above the average May 2004 detached price in the Harborough local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

40 MAIN STREET Sold Prices

Land registry data shows two sales for 40 MAIN STREET 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. One of the two 40 MAIN STREET 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
2004 28 MAY	£285,000	£229,278	24% above HPI
1999 2 NOV	£81,025	£113,449	29% below HPI

40 MAIN STREET 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 40 MAIN STREET sales from November 1999 and May 2004 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 November 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2004 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 40 MAIN STREET be worth now?

40 MAIN STREET might now be worth an estimated £603,315.

This is based on house price inflation of 111.7%, between May 2004 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 111.7% inflationary increase is applied to the most recent sale price for 40 MAIN STREET of £285,000 on 28th May 2004. For the value to have increased from £285,000 to £603,315 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of 40 MAIN STREET has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2004 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MAIN STREET has not materially changed since May 2004.

How Large is 40 MAIN STREET?

40 MAIN STREET is 366m² according to the EPC inspection conducted in November 2013. This puts it in the largest 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 40 MAIN STREET lies on this distribution: 98% of detached houses houses are smaller than 40 MAIN STREET, and 3% of houses are larger. Note that EPC data is not available for all properties in Medbourne.

40 MAIN STREET: Plot and Title Map

40 MAIN STREET sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of 40 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

40 MAIN STREET is located in MEDBOURNE, in the LE16 postcode district. The below map shows the position of No. 40 on MAIN STREET.