2, CHAPMAN CLOSE, TOWCESTER, NN12 7AQ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHAPMAN CLOSE is a very small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £250,000 in September 2014, which was around 20% below the average September 2014 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 CHAPMAN CLOSE Sold Prices

Land registry data shows two sales for 2 CHAPMAN CLOSE since 1^st 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 2 CHAPMAN 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
2014 15 SEP	£250,000	£313,704	20% below HPI
1999 23 JUL	£93,950	£123,891	24% below HPI

2 CHAPMAN CLOSE 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 two 2 CHAPMAN CLOSE sales from July 1999 and September 2014 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 July 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 CHAPMAN CLOSE be worth now?

2 CHAPMAN CLOSE might now be worth an estimated £373,613.

This is based on house price inflation of 49.4%, between September 2014 and December 2024, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.4% inflationary increase is applied to the most recent sale price for 2 CHAPMAN CLOSE of £250,000 on 15th September 2014. For the value to have increased from £250,000 to £373,613 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 CHAPMAN CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The September 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPMAN CLOSE has not materially changed since September 2014.

How Large is 2 CHAPMAN CLOSE?

2 CHAPMAN CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Towcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towcester, and where 2 CHAPMAN CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 CHAPMAN CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Towcester.

2 CHAPMAN CLOSE: Plot and Title Map

2 CHAPMAN CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 CHAPMAN 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 2 CHAPMAN 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.

Where is 2 CHAPMAN CLOSE?

2 CHAPMAN CLOSE is located in TOWCESTER, in the NN12 postcode district. The below map shows the position of No. 2 on CHAPMAN CLOSE.