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
16 GORSE ROAD is a midsized extended detached house of 155m², built sometime between 1996 and 2002. It was last sold for £515,000 in March 2022, which was around 15% above the average March 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 16 GORSE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. two of the four 16 GORSE ROAD sales were for above the average price, and four 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 30 MAR | £515,000 | £445,889 | 15% above HPI |
2018 31 JAN | £380,000 | £382,969 | 1% below HPI |
2015 4 SEP | £344,000 | £331,761 | 4% above HPI |
2000 19 APR | £120,000 | £138,397 | 13% 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 four 16 GORSE ROAD sales between April 2000 and March 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 January 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
16 GORSE ROAD is 155m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Spratton, based on EPC data. The below chart shows the distribution of detached houses by size in Spratton, and where 16 GORSE ROAD lies on this distribution: 58% of detached houses are smaller than 16 GORSE ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Spratton.
16 GORSE ROAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 16 GORSE ROAD, 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 16 GORSE ROAD). 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.
16 GORSE ROAD is located in SPRATTON, in the NN6 postcode district. The below map shows the position of No. 16 on GORSE ROAD.