3, REDHOUSE DRIVE, TOWCESTER, NN12 6LP - £445,000

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 REDHOUSE DRIVE is a large detached house of 129m², which could now be worth an estimated £514,592. It was last sold for £445,000 in April 2021, which was around 10% above the average April 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

3 REDHOUSE DRIVE Sold Prices

Land registry data shows two sales for 3 REDHOUSE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 3 REDHOUSE DRIVE sales were for above 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
2021 1 APR	£445,000	£405,415	10% above HPI
2017 20 JUL	£452,950	£377,427	20% above HPI

3 REDHOUSE DRIVE 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 two 3 REDHOUSE DRIVE sales from July 2017 and April 2021 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 July 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 REDHOUSE DRIVE be worth now?

3 REDHOUSE DRIVE might now be worth an estimated £514,592.

This is based on house price inflation of 15.6%, between April 2021 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 15.6% inflationary increase is applied to the most recent sale price for 3 REDHOUSE DRIVE of £445,000 on 1st April 2021. For the value to have increased from £445,000 to £514,592 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 3 REDHOUSE DRIVE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The April 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDHOUSE DRIVE has not materially changed since April 2021.

How Large is 3 REDHOUSE DRIVE?

3 REDHOUSE DRIVE is 129m² according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses houses in Towcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towcester, and where 3 REDHOUSE DRIVE lies on this distribution: 64% of detached houses houses are smaller than 3 REDHOUSE DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Towcester.

3 REDHOUSE DRIVE: Plot and Title Map

3 REDHOUSE DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 REDHOUSE 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 3 REDHOUSE 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.

Where is 3 REDHOUSE DRIVE?

3 REDHOUSE DRIVE is located in TOWCESTER, in the NN12 postcode district. The below map shows the position of No. 3 on REDHOUSE DRIVE.