8, SIMBOROUGH WAY, MARKET HARBOROUGH, LE16 7XS - £283,000

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

8 SIMBOROUGH WAY is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £283,000 in December 2011, which was around 6% above the average December 2011 detached price in the Harborough local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

8 SIMBOROUGH WAY Sold Prices

Land registry data shows two sales for 8 SIMBOROUGH 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. Both of the two 8 SIMBOROUGH WAY sales were for above 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
2011 2 DEC	£283,000	£266,291	6% above HPI
2001 5 JAN	£133,950	£130,870	2% above HPI

8 SIMBOROUGH 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 8 SIMBOROUGH WAY sales from January 2001 and December 2011 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 January 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2011 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 8 SIMBOROUGH WAY be worth now?

8 SIMBOROUGH WAY might now be worth an estimated £523,769.

This is based on house price inflation of 85.1%, between December 2011 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 85.1% inflationary increase is applied to the most recent sale price for 8 SIMBOROUGH WAY of £283,000 on 2nd December 2011. For the value to have increased from £283,000 to £523,769 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 8 SIMBOROUGH WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The December 2011 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SIMBOROUGH WAY has not materially changed since December 2011.

How Large is 8 SIMBOROUGH WAY?

8 SIMBOROUGH WAY is 139m², which includes four extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% 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 8 SIMBOROUGH WAY lies on this distribution: 66% of detached houses houses are smaller than 8 SIMBOROUGH WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

8 SIMBOROUGH WAY: Plot and Title Map

8 SIMBOROUGH WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 8 SIMBOROUGH 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 8 SIMBOROUGH 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 8 SIMBOROUGH WAY?

8 SIMBOROUGH WAY is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 8 on SIMBOROUGH WAY.