7, DROVERS WAY, SOUTHAM, CV47 1FW - £275,000

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.

7 DROVERS WAY is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £491,140. It was last sold for £275,000 in August 2009, which was around 19% below the average August 2009 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

7 DROVERS WAY Sold Prices

Land registry data shows two sales for 7 DROVERS 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 Stratford-on-Avon local authority area for the corresponding sale date. Both of the two 7 DROVERS WAY 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
2009 11 AUG	£275,000	£337,945	19% below HPI
2004 3 DEC	£250,000	£324,750	23% below HPI

7 DROVERS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 7 DROVERS WAY sales from December 2004 and August 2009 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 December 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2009 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 DROVERS WAY be worth now?

7 DROVERS WAY might now be worth an estimated £491,140.

This is based on house price inflation of 78.6%, between August 2009 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.6% inflationary increase is applied to the most recent sale price for 7 DROVERS WAY of £275,000 on 11th August 2009. For the value to have increased from £275,000 to £491,140 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 DROVERS WAY has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The August 2009 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DROVERS WAY has not materially changed since August 2009.

How Large is 7 DROVERS WAY?

7 DROVERS WAY is 124m² according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses houses in Southam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southam, and where 7 DROVERS WAY lies on this distribution: 63% of detached houses houses are smaller than 7 DROVERS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Southam.

7 DROVERS WAY: Plot and Title Map

7 DROVERS WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 7 DROVERS 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 7 DROVERS 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 7 DROVERS WAY?

7 DROVERS WAY is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 7 on DROVERS WAY.