5, REDHOUSE DRIVE, TOWCESTER, NN12 6LP - £500,000

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.

5 REDHOUSE DRIVE is a large detached house of 143m², built in 2016, which could now be worth an estimated £570,235. It was last sold for £500,000 in January 2021, which was around 20% above the average January 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

5 REDHOUSE DRIVE Sold Prices

Land registry data shows two sales for 5 REDHOUSE DRIVE 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. Both of the two 5 REDHOUSE DRIVE 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
2021 15 JAN	£500,000	£415,410	20% above HPI
2017 8 SEP	£499,950	£385,578	30% above HPI

5 REDHOUSE DRIVE 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 5 REDHOUSE DRIVE sales from September 2017 and January 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 September 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 5 REDHOUSE DRIVE be worth now?

5 REDHOUSE DRIVE might now be worth an estimated £570,235.

This is based on house price inflation of 14%, between January 2021 and May 2026, 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 14% inflationary increase is applied to the most recent sale price for 5 REDHOUSE DRIVE of £500,000 on 15th January 2021. For the value to have increased from £500,000 to £570,235 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 REDHOUSE DRIVE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The January 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDHOUSE DRIVE has not materially changed since January 2021.

How Large is 5 REDHOUSE DRIVE?

5 REDHOUSE DRIVE is 143m² according to the EPC inspection conducted in July 2017. This puts it in the largest 30% 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 5 REDHOUSE DRIVE lies on this distribution: 77% of detached houses houses are smaller than 5 REDHOUSE DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Towcester.

5 REDHOUSE DRIVE: Plot and Title Map

5 REDHOUSE DRIVE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 5 REDHOUSE 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 5 REDHOUSE 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 5 REDHOUSE DRIVE?

5 REDHOUSE DRIVE is located in TOWCESTER, in the NN12 postcode district. The below map shows the position of No. 5 on REDHOUSE DRIVE.