53, PARK DRIVE, MARKET HARBOROUGH, LE16 7BB - £270,000

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.

53 PARK DRIVE is a very small detached house of 56m², built sometime between 1930 and 1949, which could now be worth an estimated £353,383. It was last sold for £270,000 in September 2018, which was around 27% below the average September 2018 detached price in the Harborough local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

53 PARK DRIVE Sold Prices

Land registry data shows three sales for 53 PARK DRIVE 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 53 PARK DRIVE 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
2018 28 SEP	£270,000	£370,834	27% below HPI
2010 6 DEC	£163,000	£266,700	39% below HPI
2001 19 OCT	£84,950	£142,221	40% below HPI

53 PARK DRIVE 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 53 PARK DRIVE sales between October 2001 and September 2018 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 December 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 53 PARK DRIVE be worth now?

53 PARK DRIVE might now be worth an estimated £353,383.

This is based on house price inflation of 30.9%, between September 2018 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 30.9% inflationary increase is applied to the most recent sale price for 53 PARK DRIVE of £270,000 on 28th September 2018. For the value to have increased from £270,000 to £353,383 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 53 PARK DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The September 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 53 PARK DRIVE has not materially changed since September 2018.

How Large is 53 PARK DRIVE?

53 PARK DRIVE is 56m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% 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 53 PARK DRIVE lies on this distribution: 1% of detached houses houses are smaller than 53 PARK DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

53 PARK DRIVE: Plot and Title Map

53 PARK DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 53 PARK DRIVE, 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 53 PARK DRIVE). 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 53 PARK DRIVE?

53 PARK DRIVE is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 53 on PARK DRIVE.