18, HERITAGE WAY, RAUNDS, WELLINGBOROUGH, NN9 6RX - £164,950

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.

18 HERITAGE WAY is a very small semi-detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £211,917. It was last sold for £164,950 in May 2019, which was around 16% below the average May 2019 semi-detached price in the North Northamptonshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

18 HERITAGE WAY Sold Prices

Land registry data shows four sales for 18 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 18 HERITAGE 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
2019 3 MAY	£164,950	£195,724	16% below HPI
2017 2 JUN	£155,000	£179,803	14% below HPI
2007 12 OCT	£130,000	£144,401	10% below HPI
2002 15 MAR	£67,950	£71,041	4% below HPI

18 HERITAGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 18 HERITAGE WAY sales between March 2002 and May 2019 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 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 HERITAGE WAY be worth now?

18 HERITAGE WAY might now be worth an estimated £211,917.

This is based on house price inflation of 28.5%, between May 2019 and February 2025, for semi-detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 18 HERITAGE WAY of £164,950 on 3rd May 2019. For the value to have increased from £164,950 to £211,917 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 18 HERITAGE WAY has moved in line with the HPI for semi-detached houses in the North Northamptonshire local authority area.
• The May 2019 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 18 HERITAGE WAY has not materially changed since May 2019.

How Large is 18 HERITAGE WAY?

18 HERITAGE WAY is 54m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in Raunds, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Raunds, and where 18 HERITAGE WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 18 HERITAGE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Raunds.

18 HERITAGE WAY: Plot and Title Map

18 HERITAGE WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 18 HERITAGE 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 18 HERITAGE 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 18 HERITAGE WAY?

18 HERITAGE WAY is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 18 on HERITAGE WAY.