5, BANBURY LANE, GREAT EASTON, MARKET HARBOROUGH, LE16 8SF - £300,000

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.

5 BANBURY LANE is a very small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £357,584. It was last sold for £300,000 in February 2021, which was around 26% below the average February 2021 detached price in the Harborough local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

5 BANBURY LANE Sold Prices

Land registry data shows three sales for 5 BANBURY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 5 BANBURY LANE sales were 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
2021 22 FEB	£300,000	£407,197	26% below HPI
2014 2 SEP	£217,500	£307,444	29% below HPI
1997 23 MAY	£59,995	£94,540	37% below HPI

5 BANBURY LANE 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 three 5 BANBURY LANE sales between May 1997 and February 2021 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 September 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 BANBURY LANE be worth now?

5 BANBURY LANE might now be worth an estimated £357,584.

This is based on house price inflation of 19.2%, between February 2021 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 19.2% inflationary increase is applied to the most recent sale price for 5 BANBURY LANE of £300,000 on 22nd February 2021. For the value to have increased from £300,000 to £357,584 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 BANBURY LANE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The February 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BANBURY LANE has not materially changed since February 2021.

How Large is 5 BANBURY LANE?

5 BANBURY LANE is 82m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses houses in Great Easton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Easton, and where 5 BANBURY LANE lies on this distribution: 6% of detached houses houses are smaller than 5 BANBURY LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Great Easton.

5 BANBURY LANE: Plot and Title Map

5 BANBURY LANE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 5 BANBURY LANE, 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 5 BANBURY LANE). 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 5 BANBURY LANE?

5 BANBURY LANE is located in GREAT EASTON, in the LE16 postcode district. The below map shows the position of No. 5 on BANBURY LANE.