8, NEWSTEAD DRIVE, SOUTHAM, CV47 0LT - £444,000

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.

8 NEWSTEAD DRIVE is a very large detached house of 161m², built sometime between 1976 and 1982, which could now be worth an estimated £581,677. It was last sold for £444,000 in March 2016, which was around 3% below the average March 2016 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

8 NEWSTEAD DRIVE Sold Prices

Land registry data shows two sales for 8 NEWSTEAD 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 Stratford-on-Avon local authority area for the corresponding sale date. One of the two 8 NEWSTEAD 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
2016 29 MAR	£444,000	£457,797	3% below HPI
2000 7 SEP	£224,000	£206,457	8% above HPI

8 NEWSTEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 8 NEWSTEAD DRIVE sales from September 2000 and March 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 September 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 NEWSTEAD DRIVE be worth now?

8 NEWSTEAD DRIVE might now be worth an estimated £581,677.

This is based on house price inflation of 31%, between March 2016 and March 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 8 NEWSTEAD DRIVE of £444,000 on 29th March 2016. For the value to have increased from £444,000 to £581,677 over the nine years to March 2025, the following assumptions must hold true:

• The value of 8 NEWSTEAD DRIVE has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The March 2016 sale price of £444,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEWSTEAD DRIVE has not materially changed since March 2016.

How Large is 8 NEWSTEAD DRIVE?

8 NEWSTEAD DRIVE is 161m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses houses in Southam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southam, and where 8 NEWSTEAD DRIVE lies on this distribution: 90% of detached houses houses are smaller than 8 NEWSTEAD DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Southam.

8 NEWSTEAD DRIVE: Plot and Title Map

8 NEWSTEAD DRIVE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 8 NEWSTEAD 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 8 NEWSTEAD 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 8 NEWSTEAD DRIVE?

8 NEWSTEAD DRIVE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 8 on NEWSTEAD DRIVE.