8, ELM DRIVE, MARKET HARBOROUGH, LE16 9DS - £335,000

8 ELM DRIVE is a small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £335,000 in September 2021, which was around 21% below the average September 2021 detached price in the Harborough local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

8 ELM DRIVE Sold Prices

Land registry data shows five sales for 8 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the five 8 ELM DRIVE 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
2021 30 SEP	£335,000	£424,844	21% below HPI
2020 16 OCT	£300,000	£440,436	32% below HPI
2013 30 JUL	£210,000	£277,280	24% below HPI
2008 16 SEP	£247,500	£275,978	10% below HPI
2004 21 JUL	£215,000	£247,743	13% below HPI

8 ELM DRIVE 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 five 8 ELM DRIVE sales between July 2004 and September 2021 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 October 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 ELM DRIVE?

8 ELM DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Market Harborough, based on EPC data. The below chart shows the distribution of detached houses by size in Market Harborough, and where 8 ELM DRIVE lies on this distribution: 36% of detached houses are smaller than 8 ELM DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Market Harborough.

8 ELM DRIVE: Plot and Title Map

8 ELM DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 8 ELM DRIVE, 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 ELM DRIVE). 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 ELM DRIVE?

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