2, WATERFALL WAY, MEDBOURNE, MARKET HARBOROUGH, LE16 8EE - £169,950

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.

2 WATERFALL WAY is a very small semi-detached house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £250,156. It was last sold for £169,950 in November 2015, which was around 16% below the average November 2015 semi-detached price in the Harborough local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 WATERFALL WAY Sold Prices

Land registry data shows two sales for 2 WATERFALL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Harborough local authority area for the corresponding sale date. Both of the two 2 WATERFALL WAY 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
2015 26 NOV	£169,950	£201,778	16% below HPI
2004 16 APR	£126,000	£140,783	11% below HPI

2 WATERFALL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Harborough local authority area over time, sourced from the HPI. The two 2 WATERFALL WAY sales from April 2004 and November 2015 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 April 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 WATERFALL WAY be worth now?

2 WATERFALL WAY might now be worth an estimated £250,156.

This is based on house price inflation of 47.2%, between November 2015 and June 2025, for semi-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 47.2% inflationary increase is applied to the most recent sale price for 2 WATERFALL WAY of £169,950 on 26th November 2015. For the value to have increased from £169,950 to £250,156 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 2 WATERFALL WAY has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The November 2015 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 2 WATERFALL WAY has not materially changed since November 2015.

How Large is 2 WATERFALL WAY?

2 WATERFALL WAY is 65m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Medbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Medbourne, and where 2 WATERFALL WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 WATERFALL WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Medbourne.

2 WATERFALL WAY: Plot and Title Map

2 WATERFALL WAY sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 2 WATERFALL 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 2 WATERFALL 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 2 WATERFALL WAY?

2 WATERFALL WAY is located in MEDBOURNE, in the LE16 postcode district. The below map shows the position of No. 2 on WATERFALL WAY.