5, SUMMERS WAY, MARKET HARBOROUGH, LE16 9QE - £314,950

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

5 SUMMERS WAY is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £314,950 in May 2016, which was around 1% below the average May 2016 detached price in the Harborough local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

5 SUMMERS WAY Sold Prices

Land registry data shows two sales for 5 SUMMERS 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. One of the two 5 SUMMERS WAY sales was for below the average price, whilst the other was roughly equal to 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
2016 13 MAY	£314,950	£318,684	1% below HPI
2001 27 JUN	£140,950	£141,294	Close to HPI

5 SUMMERS 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 5 SUMMERS WAY sales from June 2001 and May 2016 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 June 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 SUMMERS WAY be worth now?

5 SUMMERS WAY might now be worth an estimated £487,069.

This is based on house price inflation of 54.6%, between May 2016 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 54.6% inflationary increase is applied to the most recent sale price for 5 SUMMERS WAY of £314,950 on 13th May 2016. For the value to have increased from £314,950 to £487,069 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 5 SUMMERS WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The May 2016 sale price of £314,950 represented a fair market value for the property.
• The size, condition, and specification of 5 SUMMERS WAY has not materially changed since May 2016.

How Large is 5 SUMMERS WAY?

5 SUMMERS WAY is 117m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% 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 5 SUMMERS WAY lies on this distribution: 43% of detached houses houses are smaller than 5 SUMMERS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

5 SUMMERS WAY: Plot and Title Map

5 SUMMERS WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 5 SUMMERS 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 5 SUMMERS 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 5 SUMMERS WAY?

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