8, MILLERS WAY, NORTHAMPTON, NN4 5AL - £162,500

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 MILLERS WAY is a small terraced house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £303,921. It was last sold for £162,500 in December 2011, which was around 30% above the average December 2011 terraced price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

8 MILLERS WAY Sold Prices

Land registry data shows four sales for 8 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 8 MILLERS 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
2011 2 DEC	£162,500	£124,887	30% above HPI
2007 1 JUN	£170,000	£143,540	18% above HPI
2001 2 MAY	£92,950	£67,754	37% above HPI
2000 30 NOV	£81,250	£64,575	26% above HPI

8 MILLERS WAY 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 four 8 MILLERS WAY sales between November 2000 and December 2011 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 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2011 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 MILLERS WAY be worth now?

8 MILLERS WAY might now be worth an estimated £303,921.

This is based on house price inflation of 87%, between December 2011 and June 2025, 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 87% inflationary increase is applied to the most recent sale price for 8 MILLERS WAY of £162,500 on 2nd December 2011. For the value to have increased from £162,500 to £303,921 over the fourteen years and six months to June 2025, the following assumptions must hold true:

• The value of 8 MILLERS WAY has moved in line with the HPI for terraced houses in the West Northamptonshire local authority area.
• The December 2011 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MILLERS WAY has not materially changed since December 2011.

How Large is 8 MILLERS WAY?

8 MILLERS WAY is 92m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of terraced houses houses in Northampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Northampton, and where 8 MILLERS WAY lies on this distribution: 26% of terraced houses houses are smaller than 8 MILLERS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Northampton.

8 MILLERS WAY: Plot and Title Map

8 MILLERS WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 MILLERS 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 8 MILLERS 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 8 MILLERS WAY?

8 MILLERS WAY is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 8 on MILLERS WAY.