3, ELWES WAY, GREAT BILLING, NORTHAMPTON, NN3 9EA - £424,382

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.

3 ELWES WAY is a midsized detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £647,641. It was last sold for £424,382 in February 2015, which was around 36% above the average February 2015 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

3 ELWES WAY Sold Prices

Land registry data shows four sales for 3 ELWES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Most of the four 3 ELWES WAY 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
2015 10 FEB	£424,382	£311,312	36% above HPI
2012 27 JUN	£275,000	£273,451	1% above HPI
2012 12 MAR	£250,000	£265,986	6% below HPI
2002 31 JAN	£230,000	£171,864	34% above HPI

3 ELWES 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 four 3 ELWES WAY sales between January 2002 and February 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 June 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2015 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 3 ELWES WAY be worth now?

3 ELWES WAY might now be worth an estimated £647,641.

This is based on house price inflation of 52.6%, between February 2015 and March 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 52.6% inflationary increase is applied to the most recent sale price for 3 ELWES WAY of £424,382 on 10th February 2015. For the value to have increased from £424,382 to £647,641 over the nine years and eleven months to March 2025, the following assumptions must hold true:

• The value of 3 ELWES WAY has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The February 2015 sale price of £424,382 represented a fair market value for the property.
• The size, condition, and specification of 3 ELWES WAY has not materially changed since February 2015.

How Large is 3 ELWES WAY?

3 ELWES WAY is 103m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 3 ELWES WAY lies on this distribution: 40% of detached houses houses are smaller than 3 ELWES WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Northampton.

3 ELWES WAY: Plot and Title Map

3 ELWES WAY sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 3 ELWES 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 3 ELWES 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 3 ELWES WAY?

3 ELWES WAY is located in GREAT BILLING, in the NN3 postcode district. The below map shows the position of No. 3 on ELWES WAY.