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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GIPSY LANE is a very large detached house of 172m², built sometime between 1976 and 1982. 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	£212,279	60% above HPI
2008 15 FEB	£318,000	£237,023	34% above HPI
2002 1 NOV	£275,000	£153,277	79% above HPI
1997 2 JUL	£125,000	£75,077	66% 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.

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 in Irchester, based on EPC data. The below chart shows the distribution of detached houses by size in Irchester, and where 2 GIPSY LANE lies on this distribution: 93% of detached 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.