3, HERITAGE WAY, RAUNDS, WELLINGBOROUGH, NN9 6RX - £168,000

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

3 HERITAGE WAY is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £168,000 in October 2014, which was around 30% below the average October 2014 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

3 HERITAGE WAY Sold Prices

Land registry data shows three sales for 3 HERITAGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the three 3 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
2014 31 OCT	£168,000	£241,374	30% below HPI
2005 2 DEC	£138,000	£209,852	34% below HPI
2000 20 DEC	£79,995	£109,834	27% below HPI

3 HERITAGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three 3 HERITAGE WAY sales between December 2000 and October 2014 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 December 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 HERITAGE WAY?

3 HERITAGE WAY is 73m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Raunds, based on EPC data. The below chart shows the distribution of detached houses by size in Raunds, and where 3 HERITAGE WAY lies on this distribution: 8% of detached houses are smaller than 3 HERITAGE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Raunds.

3 HERITAGE WAY: Plot and Title Map

3 HERITAGE WAY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 3 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 3 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 3 HERITAGE WAY?

3 HERITAGE WAY is located in RAUNDS, in the NN9 postcode district. The below map shows the position of No. 3 on HERITAGE WAY.