7, GRASMERE WAY, HIGHAM FERRERS, RUSHDEN, NN10 8NJ - £531,000

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.

7 GRASMERE WAY is a very large detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £575,251. It was last sold for £531,000 in November 2021, which was around 41% above the average November 2021 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

7 GRASMERE WAY Sold Prices

Land registry data shows two sales for 7 GRASMERE 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 7 GRASMERE WAY 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 12 NOV	£531,000	£376,385	41% above HPI
2001 4 MAY	£169,995	£112,665	51% above HPI

7 GRASMERE 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 7 GRASMERE WAY sales from May 2001 and November 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 May 2001 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2021 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 7 GRASMERE WAY be worth now?

7 GRASMERE WAY might now be worth an estimated £575,251.

This is based on house price inflation of 8.3%, between November 2021 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 8.3% inflationary increase is applied to the most recent sale price for 7 GRASMERE WAY of £531,000 on 12th November 2021. For the value to have increased from £531,000 to £575,251 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 GRASMERE WAY has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The November 2021 sale price of £531,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRASMERE WAY has not materially changed since November 2021.

How Large is 7 GRASMERE WAY?

7 GRASMERE WAY is 172m² according to the EPC inspection conducted in August 2021. This puts it in the largest 20% 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 7 GRASMERE WAY lies on this distribution: 88% of detached houses houses are smaller than 7 GRASMERE WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Higham Ferrers.

7 GRASMERE WAY: Plot and Title Map

7 GRASMERE WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 GRASMERE 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 7 GRASMERE 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 7 GRASMERE WAY?

7 GRASMERE WAY is located in HIGHAM FERRERS, in the NN10 postcode district. The below map shows the position of No. 7 on GRASMERE WAY.