8, HIGHLANDS DRIVE, DAVENTRY, NN11 8ST - £125,000

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.

8 HIGHLANDS DRIVE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £225,794. It was last sold for £125,000 in May 2013, which was around 4% below the average May 2013 terraced price in the West Northamptonshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

8 HIGHLANDS DRIVE Sold Prices

Land registry data shows three sales for 8 HIGHLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Northamptonshire local authority area for the corresponding sale date. Two of the three 8 HIGHLANDS DRIVE sales were for below the average price, whilst one 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
2013 13 MAY	£125,000	£130,252	4% below HPI
2010 14 OCT	£75,000	£127,448	41% below HPI
1996 24 MAY	£42,500	£38,046	12% above HPI

8 HIGHLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 8 HIGHLANDS DRIVE sales between May 1996 and May 2013 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 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2013 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 HIGHLANDS DRIVE be worth now?

8 HIGHLANDS DRIVE might now be worth an estimated £225,794.

This is based on house price inflation of 80.6%, between May 2013 and May 2026, for terraced 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 80.6% inflationary increase is applied to the most recent sale price for 8 HIGHLANDS DRIVE of £125,000 on 13th May 2013. For the value to have increased from £125,000 to £225,794 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 8 HIGHLANDS DRIVE has moved in line with the HPI for terraced houses in the West Northamptonshire local authority area.
• The May 2013 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HIGHLANDS DRIVE has not materially changed since May 2013.

How Large is 8 HIGHLANDS DRIVE?

8 HIGHLANDS DRIVE is 54m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of terraced houses houses in Daventry, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Daventry, and where 8 HIGHLANDS DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 8 HIGHLANDS DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Daventry.

8 HIGHLANDS DRIVE: Plot and Title Map

8 HIGHLANDS DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 8 HIGHLANDS 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 HIGHLANDS 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 HIGHLANDS DRIVE?

8 HIGHLANDS DRIVE is located in DAVENTRY, in the NN11 postcode district. The below map shows the position of No. 8 on HIGHLANDS DRIVE.