2, FARADAY CLOSE, UPTON, NORTHAMPTON, NN5 4AE - £345,000

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 FARADAY CLOSE is a large extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £345,000 in February 2021, which was around 16% below the average February 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 FARADAY CLOSE Sold Prices

Land registry data shows four sales for 2 FARADAY CLOSE since 1^st 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. Most of the four 2 FARADAY 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
2021 19 FEB	£345,000	£411,235	16% below HPI
2011 5 AUG	£230,000	£274,372	16% below HPI
2002 7 MAY	£165,000	£179,507	8% below HPI
1996 19 DEC	£105,995	£93,496	13% above HPI

2 FARADAY 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 four 2 FARADAY CLOSE sales between December 1996 and February 2021 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 August 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2021 sale, which was also at 16% below the HPI.

What might 2 FARADAY CLOSE be worth now?

2 FARADAY CLOSE might now be worth an estimated £393,307.

This is based on house price inflation of 14%, between February 2021 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 14% inflationary increase is applied to the most recent sale price for 2 FARADAY CLOSE of £345,000 on 19th February 2021. For the value to have increased from £345,000 to £393,307 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 2 FARADAY CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The February 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARADAY CLOSE has not materially changed since February 2021.

How Large is 2 FARADAY CLOSE?

2 FARADAY CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northampton, and where 2 FARADAY CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 FARADAY CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 FARADAY CLOSE: Plot and Title Map

2 FARADAY CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 FARADAY 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 FARADAY 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 FARADAY CLOSE?

2 FARADAY CLOSE is located in UPTON, in the NN5 postcode district. The below map shows the position of No. 2 on FARADAY CLOSE.