40, SIMBOROUGH WAY, MARKET HARBOROUGH, LE16 7XS - £285,000

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 SIMBOROUGH WAY is a midsized extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £285,000 in October 2010, which was around 4% above the average October 2010 detached price in the Harborough local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

40 SIMBOROUGH WAY Sold Prices

Land registry data shows two sales for 40 SIMBOROUGH WAY 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. Both of the two 40 SIMBOROUGH 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
2010 28 OCT	£285,000	£274,855	4% above HPI
2001 26 OCT	£159,950	£142,221	12% above HPI

40 SIMBOROUGH 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 two 40 SIMBOROUGH WAY sales from October 2001 and October 2010 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 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2010 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 40 SIMBOROUGH WAY be worth now?

40 SIMBOROUGH WAY might now be worth an estimated £511,035.

This is based on house price inflation of 79.3%, between October 2010 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 79.3% inflationary increase is applied to the most recent sale price for 40 SIMBOROUGH WAY of £285,000 on 28th October 2010. For the value to have increased from £285,000 to £511,035 over the thirteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 40 SIMBOROUGH WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2010 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SIMBOROUGH WAY has not materially changed since October 2010.

How Large is 40 SIMBOROUGH WAY?

40 SIMBOROUGH WAY is 132m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 SIMBOROUGH WAY lies on this distribution: 59% of detached houses houses are smaller than 40 SIMBOROUGH WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

40 SIMBOROUGH WAY: Plot and Title Map

40 SIMBOROUGH WAY sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 40 SIMBOROUGH 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 SIMBOROUGH 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 SIMBOROUGH WAY?

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