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
12 RAKESTONE CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £255,000 in April 2022, which was around 43% below the average April 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 12 RAKESTONE CLOSE since 1st 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 12 RAKESTONE 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 APR | £255,000 | £448,000 | 43% below HPI |
2012 4 OCT | £157,000 | £268,864 | 42% below HPI |
2006 15 NOV | £160,000 | £276,627 | 42% below HPI |
2003 22 AUG | £135,000 | £224,248 | 40% below HPI |
1999 10 SEP | £68,000 | £128,479 | 47% below HPI |
The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The five 12 RAKESTONE CLOSE sales between September 1999 and April 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 October 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
12 RAKESTONE CLOSE is 63m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 12 RAKESTONE CLOSE lies on this distribution: 3% of detached houses are smaller than 12 RAKESTONE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Northampton.
12 RAKESTONE CLOSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 12 RAKESTONE 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 12 RAKESTONE 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.
12 RAKESTONE CLOSE is located in NORTHAMPTON, in the NN4 postcode district. The below map shows the position of No. 12 on RAKESTONE CLOSE.