5, STONEPIT DRIVE, COTTINGHAM, MARKET HARBOROUGH, LE16 8XY - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 STONEPIT DRIVE is a midsized detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £376,761. It was last sold for £245,000 in December 2015, which was around 8% below the average December 2015 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

5 STONEPIT DRIVE Sold Prices

Land registry data shows two sales for 5 STONEPIT 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 North Northamptonshire local authority area for the corresponding sale date. One of the two 5 STONEPIT DRIVE sales was for below the average price, whilst the other was 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
2015 15 DEC	£245,000	£265,152	8% below HPI
2006 6 JUL	£219,000	£210,507	4% above HPI

5 STONEPIT DRIVE 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 5 STONEPIT DRIVE sales from July 2006 and December 2015 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 STONEPIT DRIVE be worth now?

5 STONEPIT DRIVE might now be worth an estimated £376,761.

This is based on house price inflation of 53.8%, between December 2015 and February 2025, 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 53.8% inflationary increase is applied to the most recent sale price for 5 STONEPIT DRIVE of £245,000 on 15th December 2015. For the value to have increased from £245,000 to £376,761 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 STONEPIT DRIVE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The December 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STONEPIT DRIVE has not materially changed since December 2015.

How Large is 5 STONEPIT DRIVE?

5 STONEPIT DRIVE is 130m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses houses in Cottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottingham, and where 5 STONEPIT DRIVE lies on this distribution: 55% of detached houses houses are smaller than 5 STONEPIT DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

5 STONEPIT DRIVE: Plot and Title Map

5 STONEPIT DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 5 STONEPIT 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 5 STONEPIT 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 5 STONEPIT DRIVE?

5 STONEPIT DRIVE is located in COTTINGHAM, in the LE16 postcode district. The below map shows the position of No. 5 on STONEPIT DRIVE.