7, OLD SCHOOL MEWS, MARKET HARBOROUGH, LE16 9PZ - £241,000

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

7 OLD SCHOOL MEWS is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £241,000 in November 2019, which was around 39% below the average November 2019 detached price in the Harborough local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

7 OLD SCHOOL MEWS Sold Prices

Land registry data shows four sales for 7 OLD SCHOOL MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 7 OLD SCHOOL MEWS 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
2019 22 NOV	£241,000	£394,158	39% below HPI
2019 27 SEP	£240,000	£397,188	40% below HPI
2003 21 MAR	£135,000	£201,071	33% below HPI
2002 15 FEB	£104,950	£146,073	28% below HPI

7 OLD SCHOOL MEWS 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 four 7 OLD SCHOOL MEWS sales between February 2002 and November 2019 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 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 OLD SCHOOL MEWS be worth now?

7 OLD SCHOOL MEWS might now be worth an estimated £301,340.

This is based on house price inflation of 25%, between November 2019 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 25% inflationary increase is applied to the most recent sale price for 7 OLD SCHOOL MEWS of £241,000 on 22nd November 2019. For the value to have increased from £241,000 to £301,340 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 OLD SCHOOL MEWS has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2019 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OLD SCHOOL MEWS has not materially changed since November 2019.

How Large is 7 OLD SCHOOL MEWS?

7 OLD SCHOOL MEWS is 78m² according to the EPC inspection conducted in April 2019. 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 7 OLD SCHOOL MEWS lies on this distribution: 9% of detached houses houses are smaller than 7 OLD SCHOOL MEWS, and 90% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

7 OLD SCHOOL MEWS: Plot and Title Map

7 OLD SCHOOL MEWS sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 7 OLD SCHOOL MEWS, 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 7 OLD SCHOOL MEWS). 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 7 OLD SCHOOL MEWS?

7 OLD SCHOOL MEWS is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 7 on OLD SCHOOL MEWS.