1, MILLSTONE CLOSE, NORTHAMPTON, NN4 9QE - £302,000

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.

1 MILLSTONE CLOSE is a small extended detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £348,359. It was last sold for £302,000 in February 2021, which was around 27% below the average February 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

1 MILLSTONE CLOSE Sold Prices

Land registry data shows four sales for 1 MILLSTONE CLOSE 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 MILLSTONE CLOSE 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
2021 11 FEB	£302,000	£411,235	27% below HPI
2008 22 SEP	£180,000	£270,578	33% below HPI
2006 15 AUG	£181,000	£270,374	33% below HPI
1997 29 AUG	£78,950	£102,975	23% below HPI

1 MILLSTONE CLOSE 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 MILLSTONE CLOSE sales between August 1997 and February 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 September 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 MILLSTONE CLOSE be worth now?

1 MILLSTONE CLOSE might now be worth an estimated £348,359.

This is based on house price inflation of 15.4%, between February 2021 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 1 MILLSTONE CLOSE of £302,000 on 11th February 2021. For the value to have increased from £302,000 to £348,359 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 MILLSTONE CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The February 2021 sale price of £302,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLSTONE CLOSE has not materially changed since February 2021.

How Large is 1 MILLSTONE CLOSE?

1 MILLSTONE CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 1 MILLSTONE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 1 MILLSTONE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Northampton.

1 MILLSTONE CLOSE: Plot and Title Map

1 MILLSTONE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 1 MILLSTONE CLOSE, 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 MILLSTONE CLOSE). 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 MILLSTONE CLOSE?

1 MILLSTONE CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 1 on MILLSTONE CLOSE.