NEWHAVEN, GREEN LANE, MARKET HARBOROUGH, LE16 9JZ - £180,000

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

NEWHAVEN is a very small detached house of 51m², built sometime between 2003 and 2006. It was last sold for £180,000 in July 2019, which was around 54% below the average July 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.

NEWHAVEN Sold Prices

Land registry data shows two sales for NEWHAVEN 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 NEWHAVEN 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 1 JUL	£180,000	£393,433	54% below HPI
2003 6 FEB	£120,000	£192,708	38% below HPI

NEWHAVEN 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 NEWHAVEN sales from February 2003 and July 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 February 2003 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2019 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might NEWHAVEN be worth now?

NEWHAVEN might now be worth an estimated £225,482.

This is based on house price inflation of 25.3%, between July 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 25.3% inflationary increase is applied to the most recent sale price for NEWHAVEN of £180,000 on 1st July 2019. For the value to have increased from £180,000 to £225,482 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of NEWHAVEN has moved in line with the HPI for detached houses in the Harborough local authority area.
• The July 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of NEWHAVEN has not materially changed since July 2019.

How Large is NEWHAVEN?

NEWHAVEN is 51m² 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 NEWHAVEN lies on this distribution: 1% of detached houses houses are smaller than NEWHAVEN, and 99% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

NEWHAVEN: Plot and Title Map

NEWHAVEN sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of NEWHAVEN, 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 NEWHAVEN). 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 NEWHAVEN?

NEWHAVEN is located on GREEN LANE in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of NEWHAVEN on GREEN LANE.