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 OAK CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2022, which was around 12% below the average March 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 1 OAK CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 1 OAK 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 |
---|---|---|---|
2022 1 MAR | £340,000 | £386,095 | 12% below HPI |
2012 4 MAY | £168,000 | £214,191 | 22% below HPI |
2007 18 MAY | £153,000 | £225,996 | 32% below HPI |
2005 19 AUG | £141,000 | £207,262 | 32% below HPI |
The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 1 OAK CLOSE sales between August 2005 and March 2022 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
1 OAK CLOSE is 77m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Broughton, and where 1 OAK CLOSE lies on this distribution: 11% of detached houses are smaller than 1 OAK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Broughton.
1 OAK CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 1 OAK 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 OAK 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.
1 OAK CLOSE is located in BROUGHTON, in the NN14 postcode district. The below map shows the position of No. 1 on OAK CLOSE.