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
121 PARK LANE is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £128,000 in June 2005, which was around 49% below the average June 2005 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 121 PARK LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 121 PARK LANE 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 |
---|---|---|---|
2005 3 JUN | £128,000 | £251,523 | 49% below HPI |
1998 26 JUN | £47,950 | £112,843 | 58% 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 two 121 PARK LANE sales from June 1998 and June 2005 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 June 1998 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2005 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.
121 PARK LANE is 52m² according to the EPC inspection conducted in April 2010. 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 121 PARK LANE lies on this distribution: 1% of detached houses are smaller than 121 PARK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Northampton.
121 PARK LANE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 121 PARK LANE, 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 121 PARK LANE). 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.
121 PARK LANE is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 121 on PARK LANE.