15, PARK LANE, NORTHAMPTON, NN5 6QD - £589,000

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

15 PARK LANE is a very large extended detached house of 196m², built sometime between 1900 and 1929. It was last sold for £589,000 in July 2022, which was around 29% above the average July 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

15 PARK LANE Sold Prices

Land registry data shows three sales for 15 PARK LANE 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. Two of the three 15 PARK LANE sales were for above the average price, whilst one was 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 14 JUL	£589,000	£455,383	29% above HPI
2012 9 NOV	£172,500	£274,520	37% below HPI
1995 21 APR	£88,000	£86,360	2% above HPI

15 PARK LANE 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 15 PARK LANE sales between April 1995 and July 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 November 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 15 PARK LANE?

15 PARK LANE is 196m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 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 15 PARK LANE lies on this distribution: 94% of detached houses are smaller than 15 PARK LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Northampton.

15 PARK LANE: Plot and Title Map

15 PARK LANE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 15 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 15 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.

Where is 15 PARK LANE?

15 PARK LANE is located in NORTHAMPTON, in the NN5 postcode district. The below map shows the position of No. 15 on PARK LANE.