3, OWEN WAY, HIGHAM FERRERS, RUSHDEN, NN10 8PB - £240,000

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

3 OWEN WAY is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £338,339. It was last sold for £240,000 in December 2016, which was around 17% below the average December 2016 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

3 OWEN WAY Sold Prices

Land registry data shows two sales for 3 OWEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 3 OWEN 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
2016 15 DEC	£240,000	£290,440	17% below HPI
2003 24 OCT	£169,950	£180,692	6% below HPI

3 OWEN 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 two 3 OWEN WAY sales from October 2003 and December 2016 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 October 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 OWEN WAY be worth now?

3 OWEN WAY might now be worth an estimated £338,339.

This is based on house price inflation of 41%, between December 2016 and December 2024, for 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 41% inflationary increase is applied to the most recent sale price for 3 OWEN WAY of £240,000 on 15th December 2016. For the value to have increased from £240,000 to £338,339 over the eight years to December 2024, the following assumptions must hold true:

• The value of 3 OWEN WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The December 2016 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OWEN WAY has not materially changed since December 2016.

How Large is 3 OWEN WAY?

3 OWEN WAY is 78m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Higham Ferrers, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham Ferrers, and where 3 OWEN WAY lies on this distribution: 8% of detached houses houses are smaller than 3 OWEN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Higham Ferrers.

3 OWEN WAY: Plot and Title Map

3 OWEN WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 OWEN 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 OWEN 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 OWEN WAY?

3 OWEN WAY is located in HIGHAM FERRERS, in the NN10 postcode district. The below map shows the position of No. 3 on OWEN WAY.