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 EDISON DRIVE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £435,000 in December 2023, which was around 4% below the average December 2023 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 EDISON DRIVE since 1st 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. All of the three 2 EDISON DRIVE 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 |
---|---|---|---|
2023 6 DEC | £435,000 | £452,087 | 4% below HPI |
2014 10 JUL | £248,000 | £300,308 | 17% below HPI |
1998 25 MAR | £104,000 | £108,348 | 4% 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 three 2 EDISON DRIVE sales between March 1998 and December 2023 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
2 EDISON DRIVE is 130m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% 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 EDISON DRIVE lies on this distribution: 68% of detached houses are smaller than 2 EDISON DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Northampton.
2 EDISON DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 EDISON DRIVE, 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 EDISON DRIVE). 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.
2 EDISON DRIVE is located in UPTON, in the NN5 postcode district. The below map shows the position of No. 2 on EDISON DRIVE.