16, ELM WAY, HACKLETON, NORTHAMPTON, NN7 2BT - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 ELM WAY is a small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £444,817. It was last sold for £355,000 in June 2017, which was around 5% below the average June 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

16 ELM WAY Sold Prices

Land registry data shows five sales for 16 ELM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. The five 16 ELM WAY sales were a mix of below the average price, and roughly equal to 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
2017 30 JUN	£355,000	£374,153	5% below HPI
2007 9 FEB	£280,000	£280,076	Close to HPI
2003 24 JUL	£205,000	£224,396	9% below HPI
2001 16 NOV	£165,000	£173,000	5% below HPI
1998 5 JUN	£91,000	£114,022	20% below HPI

16 ELM 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 five 16 ELM WAY sales between June 1998 and June 2017 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 February 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 ELM WAY be worth now?

16 ELM WAY might now be worth an estimated £444,817.

This is based on house price inflation of 25.3%, between June 2017 and December 2024, 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 25.3% inflationary increase is applied to the most recent sale price for 16 ELM WAY of £355,000 on 30th June 2017. For the value to have increased from £355,000 to £444,817 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 16 ELM WAY has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The June 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELM WAY has not materially changed since June 2017.

How Large is 16 ELM WAY?

16 ELM WAY is 114m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Hackleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hackleton, and where 16 ELM WAY lies on this distribution: 36% of detached houses houses are smaller than 16 ELM WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Hackleton.

16 ELM WAY: Plot and Title Map

16 ELM WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 ELM 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 16 ELM 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 16 ELM WAY?

16 ELM WAY is located in HACKLETON, in the NN7 postcode district. The below map shows the position of No. 16 on ELM WAY.