1, MILL MEADOW, NORTHAMPTON, NN2 7BA - £253,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MILL MEADOW is a very small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £253,000 in October 2017, which was around 34% below the average October 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 MILL MEADOW Sold Prices

Land registry data shows four sales for 1 MILL MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the four 1 MILL MEADOW 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 26 OCT	£253,000	£383,492	34% below HPI
2014 23 MAY	£187,000	£294,074	36% below HPI
2007 22 MAR	£170,000	£280,435	39% below HPI
2001 19 APR	£99,000	£153,953	36% below HPI

1 MILL MEADOW 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 four 1 MILL MEADOW sales between April 2001 and October 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 May 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 MILL MEADOW?

1 MILL MEADOW is 84m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 1 MILL MEADOW lies on this distribution: 17% of detached houses are smaller than 1 MILL MEADOW, and 82% of houses are larger. Note that EPC data is not available for all properties in Northampton.

1 MILL MEADOW: Plot and Title Map

1 MILL MEADOW sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 1 MILL MEADOW, 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 1 MILL MEADOW). 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 1 MILL MEADOW?

1 MILL MEADOW is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 1 on MILL MEADOW.