Downsizing in Daventry: What You Would Actually Release
Selling at the £285,000 Daventry average and buying at £199,500 releases about £77,035 after costs. Fees, stamp duty and moving take roughly £8,465 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £285,000 Daventry average and buying at £199,500 releases about £77,035 after costs. Fees, stamp duty and moving take roughly £8,465 of it.
Running the downsizing numbers in Daventry
Start with the gap. Selling at £285,000 and buying at 70% of that, £199,500, leaves £85,500 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £4,275. Stamp duty on the purchase is £1,490. Total £8,465, leaving £77,035 in hand.
Moving within Northamptonshire rather than out of it keeps you near family and known services. The average price across the county towns we cover is £300,000, against £285,000 here.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Daventry.
Downsizing against releasing equity
A lifetime mortgage at 65 on the same property would release about £96,900. Downsizing nets £77,035. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £96,900 release grows to roughly £341,441. The downsizing figure does not grow at all, because there is no debt.
Bands, stock and timing
Council tax follows the property, not the person. Band D in Northamptonshire is £2,558, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Daventry looks like
The schools families ask about here are Abbey CofE Academy, Monksmoor Park CofE Primary School, Falconer's Hill Academy, DSLV E-ACT Academy and Ashby Fields Primary School. 4 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Daventry to Long Buckby station takes about 15 min by car.
By price, Daventry ranks 7 of the 15 Northamptonshire locations we cover, at £285,000 against a county average of £300,000.
Is Daventry right to stay in?
Daventry is a growing, affordable market and logistics town.
The full local guide covers schools, transport and the market in detail: Daventry property and area guide.
- An affordable, growing market town
- A strong logistics & distribution economy
- Extensive new-build choice
- Daventry Country Park, Reservoir & Borough Hill
- Fast M1, A45 & A5 links for drivers
- No railway station in the town
- A workaday, expanding town rather than a pretty tourist one
- New-builds often carry estate-management charges
- Mixed secondary-school picture, check carefully
- Parts of the area are radon Affected Areas, test
| Who it suits | Out of five | Why |
|---|---|---|
| First-time buyers | ★★★★★ | One of the more affordable towns in West Northamptonshire, with terraced and ex-local-authority homes and shared-ownership new-builds giving genuine ways onto the ladder, a strong first-buyer town. |
| Families | ★★★★☆ | Affordable family space, extensive new-build estates (Monksmoor, Middlemore, Micklewell Park), Daventry Country Park and several Good primaries, though the flagship secondary picture is mixed, so check catchment carefully. |
| Local employers & logistics workers | ★★★★★ | A major distribution, logistics and warehousing economy, the DIRFT rail-freight terminal and the M1 corridor parks are big employers, makes Daventry a very practical place to live near work. |
| Commuters (by car) | ★★★★☆ | Fast M1 (junctions 16 and 18), A45, A5 and A361 links suit drivers commuting to Northampton, Rugby, Coventry, Milton Keynes and beyond, but there is no railway station in the town. |
| Rail commuters | ★★☆☆☆ | No station in Daventry itself, the nearest is Long Buckby (~4 miles) for the Northampton loop, or Rugby for the fast West Coast Main Line, so rail commuters must drive to the train first. |
Daventry is known locally for Borough Hill, and Daventry Country Park & Reservoir. One of the largest Iron Age hillforts in the country, with Roman remains and the site of the famous twentieth-century BBC Daventry radio transmitting station, a defining landmark above the town.
Practical detail for Daventry: the NN11 postcode district, no station in the town, nearest Long Buckby (~4mi; London Northwestern to Northampton, Birmingham & Euston); Rugby (~9mi) for Avanti West Coast and nearest A and E is Northampton General Hospital (~14mi), Danetre Hospital in Daventry is a community hospital (no A&E); verify with NHS.
Daventry has history behind the price. In Iron Age, A great hillfort is built on Borough Hill above the town, one of the largest in the country, later used by the Romans.
Daventry at a glance
| Downsizing line | Daventry figure |
|---|---|
| Sale price, local average | £285,000 |
| Purchase at 70% of value | £199,500 |
| Estate agent at 1.5% | £4,275 |
| Stamp duty on purchase | £1,490 |
| Legal and moving | £2,700 |
| Total costs | £8,465 |
| Net released | £77,035 |
| Lifetime mortgage alternative at 65 | £96,900 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Daventry
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £285,000 average
- The council tax band of the property you are buying
- Total moving costs of about £8,465
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Daventry
Broadband speeds can vary street by street in Daventry, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Daventry?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Daventry?
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