5, SHERRARD ROAD, MARKET HARBOROUGH, LE16 7LD - £250,000

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 SHERRARD ROAD is a very small semi-detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £293,761. It was last sold for £250,000 in October 2020, which was around 4% below the average October 2020 semi-detached price in the Harborough local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

5 SHERRARD ROAD Sold Prices

Land registry data shows two sales for 5 SHERRARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. Both of the two 5 SHERRARD ROAD 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
2020 26 OCT	£250,000	£260,031	4% below HPI
1997 23 MAY	£47,000	£56,265	16% below HPI

5 SHERRARD ROAD 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 two 5 SHERRARD ROAD sales from May 1997 and October 2020 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 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 SHERRARD ROAD be worth now?

5 SHERRARD ROAD might now be worth an estimated £293,761.

This is based on house price inflation of 17.5%, between October 2020 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 17.5% inflationary increase is applied to the most recent sale price for 5 SHERRARD ROAD of £250,000 on 26th October 2020. For the value to have increased from £250,000 to £293,761 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 SHERRARD ROAD has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHERRARD ROAD has not materially changed since October 2020.

How Large is 5 SHERRARD ROAD?

5 SHERRARD ROAD is 55m² according to the EPC inspection conducted in September 2020. 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 5 SHERRARD ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 5 SHERRARD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 SHERRARD ROAD: Plot and Title Map

5 SHERRARD ROAD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 5 SHERRARD 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 5 SHERRARD 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 5 SHERRARD ROAD?

5 SHERRARD ROAD is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 5 on SHERRARD ROAD.