1, THE FAIROAKS, NORTHAMPTON, NN3 9UZ - £222,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE FAIROAKS is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £222,000 in November 2019, which was around 43% below the average November 2019 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

1 THE FAIROAKS Sold Prices

Land registry data shows three sales for 1 THE FAIROAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 1 THE FAIROAKS 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
2019 29 NOV	£222,000	£388,671	43% below HPI
2004 7 APR	£168,000	£235,439	29% below HPI
1998 29 APR	£76,500	£109,853	30% below HPI

1 THE FAIROAKS 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 three 1 THE FAIROAKS sales between April 1998 and November 2019 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 April 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1 THE FAIROAKS?

1 THE FAIROAKS is 102m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% 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 THE FAIROAKS lies on this distribution: 38% of detached houses are smaller than 1 THE FAIROAKS, and 61% of houses are larger. Note that EPC data is not available for all properties in Northampton.

1 THE FAIROAKS: Plot and Title Map

1 THE FAIROAKS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 THE FAIROAKS, 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 THE FAIROAKS). 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 THE FAIROAKS?

1 THE FAIROAKS is located in NORTHAMPTON, in the NN3 postcode district. The below map shows the position of No. 1 on THE FAIROAKS.