THE GABLES, DRAYTON ROAD, MEDBOURNE, MARKET HARBOROUGH, LE16 8DW - £725,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE GABLES is a small detached house of 135m², built sometime between 1967 and 1975. It was last sold for £725,000 in July 2023, which was around 54% above the average July 2023 detached price in the Harborough local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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
2023 21 JUL	£725,000	£472,021	54% above HPI
2009 18 SEP	£345,000	£252,814	36% above HPI

THE GABLES 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 THE GABLES sales from September 2009 and July 2023 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 2009 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2023 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is THE GABLES?

THE GABLES is 135m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Medbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Medbourne, and where THE GABLES lies on this distribution: 26% of detached houses are smaller than THE GABLES, and 74% of houses are larger. Note that EPC data is not available for all properties in Medbourne.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.342 of an acre, or 1,382m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on DRAYTON ROAD in MEDBOURNE, in the LE16 postcode district. The below map shows the position of THE GABLES on DRAYTON ROAD.