8, BANKFIELD DRIVE, GREAT BOWDEN, MARKET HARBOROUGH, LE16 7HJ - £395,000

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.

8 BANKFIELD DRIVE is a midsized extended detached house of 140m², built sometime between 1976 and 1982, which could now be worth an estimated £550,108. It was last sold for £395,000 in June 2017, which was around 13% above the average June 2017 detached price in the Harborough local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

8 BANKFIELD DRIVE Sold Prices

Land registry data shows two sales for 8 BANKFIELD DRIVE 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 8 BANKFIELD DRIVE sales was for above the average price, whilst the other was 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
2017 28 JUN	£395,000	£348,506	13% above HPI
2000 20 JUL	£97,500	£125,211	22% below HPI

8 BANKFIELD 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 two 8 BANKFIELD DRIVE sales from July 2000 and June 2017 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 July 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 BANKFIELD DRIVE be worth now?

8 BANKFIELD DRIVE might now be worth an estimated £550,108.

This is based on house price inflation of 39.3%, between June 2017 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 39.3% inflationary increase is applied to the most recent sale price for 8 BANKFIELD DRIVE of £395,000 on 28th June 2017. For the value to have increased from £395,000 to £550,108 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 8 BANKFIELD DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BANKFIELD DRIVE has not materially changed since June 2017.

How Large is 8 BANKFIELD DRIVE?

8 BANKFIELD DRIVE is 140m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses houses in Great Bowden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bowden, and where 8 BANKFIELD DRIVE lies on this distribution: 54% of detached houses houses are smaller than 8 BANKFIELD DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Great Bowden.

8 BANKFIELD DRIVE: Plot and Title Map

8 BANKFIELD DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 8 BANKFIELD 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 8 BANKFIELD 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 8 BANKFIELD DRIVE?

8 BANKFIELD DRIVE is located in GREAT BOWDEN, in the LE16 postcode district. The below map shows the position of No. 8 on BANKFIELD DRIVE.