5, ELM WAY, HACKLETON, NORTHAMPTON, NN7 2BT - £315,000

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

5 ELM WAY is a small extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £394,216. It was last sold for £315,000 in March 2017, which was around 16% below the average March 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

5 ELM WAY Sold Prices

Land registry data shows two sales for 5 ELM 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 West Northamptonshire local authority area for the corresponding sale date. Both of the two 5 ELM 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
2017 31 MAR	£315,000	£374,609	16% below HPI
2005 14 OCT	£228,000	£260,846	13% below HPI

5 ELM WAY 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 5 ELM WAY sales from October 2005 and March 2017 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 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 ELM WAY be worth now?

5 ELM WAY might now be worth an estimated £394,216.

This is based on house price inflation of 25.1%, between March 2017 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 25.1% inflationary increase is applied to the most recent sale price for 5 ELM WAY of £315,000 on 31st March 2017. For the value to have increased from £315,000 to £394,216 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 5 ELM WAY has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The March 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM WAY has not materially changed since March 2017.

How Large is 5 ELM WAY?

5 ELM WAY is 113m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Hackleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hackleton, and where 5 ELM WAY lies on this distribution: 33% of detached houses houses are smaller than 5 ELM WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Hackleton.

5 ELM WAY: Plot and Title Map

5 ELM WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 5 ELM 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 5 ELM 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 5 ELM WAY?

5 ELM WAY is located in HACKLETON, in the NN7 postcode district. The below map shows the position of No. 5 on ELM WAY.