2, MILTON WAY, TOWCESTER, NN12 6UW - £396,000

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.

2 MILTON WAY is a midsized detached house of 119m², which could now be worth an estimated £463,346. It was last sold for £396,000 in April 2021, which was around 2% below the average April 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

2 MILTON WAY Sold Prices

Land registry data shows two sales for 2 MILTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. One of the two 2 MILTON WAY sales was for below the average price, whilst the other was 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
2021 29 APR	£396,000	£405,415	2% below HPI
2016 4 AUG	£363,500	£358,588	1% above HPI

2 MILTON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 2 MILTON WAY sales from August 2016 and April 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 August 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 MILTON WAY be worth now?

2 MILTON WAY might now be worth an estimated £463,346.

This is based on house price inflation of 17%, between April 2021 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 2 MILTON WAY of £396,000 on 29th April 2021. For the value to have increased from £396,000 to £463,346 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 MILTON WAY has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The April 2021 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILTON WAY has not materially changed since April 2021.

How Large is 2 MILTON WAY?

2 MILTON WAY is 119m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses houses in Towcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towcester, and where 2 MILTON WAY lies on this distribution: 52% of detached houses houses are smaller than 2 MILTON WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Towcester.

2 MILTON WAY: Plot and Title Map

2 MILTON WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 MILTON 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 MILTON 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 MILTON WAY?

2 MILTON WAY is located in TOWCESTER, in the NN12 postcode district. The below map shows the position of No. 2 on MILTON WAY.