48, BURNMILL ROAD, MARKET HARBOROUGH, LE16 7JF - £710,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 BURNMILL ROAD is a large extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £710,000 in July 2023, which was around 50% above the average July 2023 detached price in the Harborough local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

48 BURNMILL ROAD Sold Prices

Land registry data shows two sales for 48 BURNMILL ROAD 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 48 BURNMILL ROAD 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
2023 28 JUL	£710,000	£472,021	50% above HPI
1996 24 MAY	£83,000	£89,496	7% below HPI

48 BURNMILL 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 two 48 BURNMILL ROAD sales from May 1996 and July 2023 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 May 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2023 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 48 BURNMILL ROAD?

48 BURNMILL ROAD is 153m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 48 BURNMILL ROAD lies on this distribution: 78% of detached houses are smaller than 48 BURNMILL ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

48 BURNMILL ROAD: Plot and Title Map

48 BURNMILL ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 48 BURNMILL 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 48 BURNMILL 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 48 BURNMILL ROAD?

48 BURNMILL ROAD is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 48 on BURNMILL ROAD.