2, CHERITON WAY, NORTHAMPTON, NN1 5SB - £250,000

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 CHERITON WAY is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £250,000 in August 2019, which was around 35% below the average August 2019 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was D.

2 CHERITON WAY Sold Prices

Land registry data shows three sales for 2 CHERITON WAY 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. The three 2 CHERITON WAY sales were a mix of below the average price, and roughly equal to 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
2019 15 AUG	£250,000	£385,631	35% below HPI
2001 5 JAN	£152,500	£152,578	Close to HPI
2000 19 SEP	£142,500	£153,398	7% below HPI

2 CHERITON WAY 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 2 CHERITON WAY sales between September 2000 and August 2019 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 CHERITON WAY?

2 CHERITON WAY is 77m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 2 CHERITON WAY lies on this distribution: 11% of detached houses are smaller than 2 CHERITON WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 CHERITON WAY: Plot and Title Map

2 CHERITON WAY sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 2 CHERITON WAY, 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 CHERITON WAY). 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 CHERITON WAY?

2 CHERITON WAY is located in NORTHAMPTON, in the NN1 postcode district. The below map shows the position of No. 2 on CHERITON WAY.