1, OBELISK RISE, NORTHAMPTON, NN2 8QT - £280,000

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 OBELISK RISE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £280,000 in January 2023, which was around 40% below the average January 2023 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 OBELISK RISE Sold Prices

Land registry data shows five sales for 1 OBELISK RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the five 1 OBELISK RISE 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
2023 4 JAN	£280,000	£468,059	40% below HPI
2017 28 JUL	£235,000	£373,525	37% below HPI
2011 24 FEB	£175,000	£261,978	33% below HPI
2006 16 JUN	£187,000	£262,607	29% below HPI
2005 24 JUN	£167,000	£251,523	34% below HPI

1 OBELISK RISE 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 five 1 OBELISK RISE sales between June 2005 and January 2023 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 July 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 OBELISK RISE?

1 OBELISK RISE is 90m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% 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 OBELISK RISE lies on this distribution: 24% of detached houses are smaller than 1 OBELISK RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Northampton.

1 OBELISK RISE: Plot and Title Map

1 OBELISK RISE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 OBELISK RISE, 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 OBELISK RISE). 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 OBELISK RISE?

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