Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 ELM DRIVE is a small extended semi-detached house of 87m², built sometime between 1996 and 2002. It was last sold for £182,000 in September 2011, which was around 33% below the average September 2011 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows five sales for 2 ELM DRIVE since 1st 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. All of the five 2 ELM DRIVE 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 |
---|---|---|---|
2011 1 SEP | £182,000 | £272,994 | 33% below HPI |
2005 3 JUN | £175,000 | £251,523 | 30% below HPI |
2004 12 JAN | £158,250 | £230,063 | 31% below HPI |
2002 25 MAR | £123,995 | £173,163 | 28% below HPI |
1996 28 AUG | £66,500 | £87,938 | 24% below HPI |
The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The five 2 ELM DRIVE sales between August 1996 and September 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 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
2 ELM DRIVE is 87m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Hinton, based on EPC data. The below chart shows the distribution of detached houses by size in Hinton, and where 2 ELM DRIVE lies on this distribution: 21% of detached houses are smaller than 2 ELM DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hinton.
2 ELM DRIVE sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 2 ELM 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 2 ELM 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.
2 ELM DRIVE is located in WOODFORD HALSE, in the NN11 postcode district. The below map shows the position of No. 2 on ELM DRIVE.