2, GIPSY LANE, IRCHESTER, WELLINGBOROUGH, NN29 7DL - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GIPSY LANE is a very large detached house of 172m², built sometime between 1976 and 1982, which could now be worth an estimated £654,030. It was last sold for £340,000 in April 2011, which was around 60% above the average April 2011 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

2 GIPSY LANE Sold Prices

Land registry data shows four sales for 2 GIPSY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 2 GIPSY 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
2011 1 APR	£340,000	£211,971	60% above HPI
2008 15 FEB	£318,000	£236,680	34% above HPI
2002 1 NOV	£275,000	£153,055	80% above HPI
1997 2 JUL	£125,000	£74,968	67% above HPI

2 GIPSY 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 four 2 GIPSY LANE sales between July 1997 and April 2011 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 February 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2011 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 2 GIPSY LANE be worth now?

2 GIPSY LANE might now be worth an estimated £654,030.

This is based on house price inflation of 92.4%, between April 2011 and February 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.4% inflationary increase is applied to the most recent sale price for 2 GIPSY LANE of £340,000 on 1st April 2011. For the value to have increased from £340,000 to £654,030 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 2 GIPSY LANE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The April 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GIPSY LANE has not materially changed since April 2011.

How Large is 2 GIPSY LANE?

2 GIPSY LANE is 172m² according to the EPC inspection conducted in January 2011. This puts it in the largest 10% of detached houses houses in Irchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Irchester, and where 2 GIPSY LANE lies on this distribution: 94% of detached houses houses are smaller than 2 GIPSY LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Irchester.

2 GIPSY LANE: Plot and Title Map

2 GIPSY LANE sits on a plot of roughly 1.8 acres, or 7,200m². The below map shows the location of 2 GIPSY 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 GIPSY 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 GIPSY LANE?

2 GIPSY LANE is located in IRCHESTER, in the NN29 postcode district. The below map shows the position of No. 2 on GIPSY LANE.