2, BACK LANE, RINGSTEAD, KETTERING, NN14 4DR - £490,000

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

2 BACK LANE is a large extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £490,000 in June 2022, which was around 22% above the average June 2022 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 BACK LANE Sold Prices

Land registry data shows two sales for 2 BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 2 BACK LANE sales were for above 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 JUN	£490,000	£400,151	22% above HPI
2005 1 JUN	£279,000	£203,496	37% above HPI

2 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two 2 BACK LANE sales from June 2005 and June 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 June 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 BACK LANE?

2 BACK LANE is 152m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Ringstead, based on EPC data. The below chart shows the distribution of detached houses by size in Ringstead, and where 2 BACK LANE lies on this distribution: 70% of detached houses are smaller than 2 BACK LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ringstead.

2 BACK LANE: Plot and Title Map

2 BACK LANE sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 2 BACK 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 2 BACK 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 2 BACK LANE?

2 BACK LANE is located in RINGSTEAD, in the NN14 postcode district. The below map shows the position of No. 2 on BACK LANE.