23, OLD SCHOOL MEWS, MARKET HARBOROUGH, LE16 9PZ - £345,000

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.

23 OLD SCHOOL MEWS is a small semi-detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £421,255. It was last sold for £345,000 in May 2019, which was around 43% above the average May 2019 semi-detached price in the Harborough local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

23 OLD SCHOOL MEWS Sold Prices

Land registry data shows two sales for 23 OLD SCHOOL MEWS 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 23 OLD SCHOOL MEWS 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
2019 9 MAY	£345,000	£241,162	43% above HPI
2003 19 AUG	£215,000	£130,156	65% above HPI

23 OLD SCHOOL MEWS 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 23 OLD SCHOOL MEWS sales from August 2003 and May 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 August 2003 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2019 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 23 OLD SCHOOL MEWS be worth now?

23 OLD SCHOOL MEWS might now be worth an estimated £421,255.

This is based on house price inflation of 22.1%, between May 2019 and July 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 22.1% inflationary increase is applied to the most recent sale price for 23 OLD SCHOOL MEWS of £345,000 on 9th May 2019. For the value to have increased from £345,000 to £421,255 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of 23 OLD SCHOOL MEWS has moved in line with the HPI for semi-detached houses in the Harborough local authority area.
• The May 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OLD SCHOOL MEWS has not materially changed since May 2019.

How Large is 23 OLD SCHOOL MEWS?

23 OLD SCHOOL MEWS is 113m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of semi-detached houses houses in Market Harborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Market Harborough, and where 23 OLD SCHOOL MEWS lies on this distribution: 38% of semi-detached houses houses are smaller than 23 OLD SCHOOL MEWS, and 61% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

23 OLD SCHOOL MEWS: Plot and Title Map

23 OLD SCHOOL MEWS sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 23 OLD SCHOOL MEWS, 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 23 OLD SCHOOL MEWS). 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 23 OLD SCHOOL MEWS?

23 OLD SCHOOL MEWS is located in MARKET HARBOROUGH, in the LE16 postcode district. The below map shows the position of No. 23 on OLD SCHOOL MEWS.